How do I administer the payments to LP's, logistics...
So if I get let's say 20 properties, and I'm managing them under some online software system, doing the accounting through quickbooks, should I keep separate bank accounts for each property? Then, is there an automated way that I can pay the LP their share based on the hurdles, catch-up needed to get to their IRR, etc? Just thinking through tracking what amount needs to be paid out and to whom is daunting. How do I make this an efficient and automated process?