I've not seen a 10 round magazine for an AR-15, I think they exist, mine are 20 and 30 round capacities.

Some are smarter than others, they have the capacity to understand more complex arrangements and issues.2.

Make sure they work out real well and the cashflow is where you want it to be.

You do not need member approval to enter into contracts that are within the routine course of business for your LLC.If your LLC is member-managed, then the member will be signing all of your contracts in his capacity as member-manager, so a written consent is not necessary.Your LLC should have an operating agreement, and you should operate your LLC according to the terms of the operating agreement.

Nobody would have a problem with this.Where I have a problem, is some poser deciding he wants to try wholesaling because the multi-level marketing thing last month didn’t work out and he lost all his money playing online poker the month before.

-------------------------------------------------------------------------------I didn't look at Charlotte, which might be a better place to invest.Triangle market has been quite stable, which is good for home owners in the way they didn't lose much during the crash;(they didn't make much before the crash either.)But for investors, this means less opportunity.Another problem here is that the building capacity is very high.

It looks like it may work out for the best.

If so and you have the money to pay then just work out a draw during this phase for enough money that works for him & then deduct it from the profits when they are divided.

Originally, planned to buy and hold for passive income, but our original tenants did not work out.

Just make sure with all that borrowing that the numbers still work out that you will be making positive cash flow!