In our company we basically use the cloud based expense reporting software that takes care of the accounts, invoicing and billing in a precised and significant manner.

I am more than happy to exchange lunch or even potentially capital investment in your project (if you have a solid deal) for the knowledge.

We have 'buy-sell' detailed out in a lot of detail including; right of first refusal, how to calculate selling price, etc.... and 'survivors benefits' detailing if a member's heirs want to stay of or be cashed-out etc...Is seems to me that the time the TIC helps on a member wanting out is in the case of a 1031 Exchange, which HAS to have a 'real property' sale, not an LLC sale, which is shares in a company, not actual real estate.

., net-7 on verified milestones) in exchange for pricing and priority.Test small jobs first; promote trades to your A-list only after on-time, on-budget performance twice.Standardize to reduce wasteCreate repeatable finish schedules (same trim profile, faucet line, paint palette) so crews work faster and leftovers are reusable.Pre-kit jobs: one delivery per room (box includes all hardware, fixtures, and consumables).Contracting disciplineUse fixed-scope, milestone-based contracts with:Progress draws tied to inspections/photosNo deposit or minimal mobilizationLien waivers at each drawDaily liquidated damages for missed deadlines (after grace period)Written change order policy with price + time impact before work proceeds2) Time: Move Faster to Reduce Carry and RiskFront-load planningWalk the property with all key trades before closing; finalize scope, bids, and schedule ahead of day 1.Pull permits early; choose scopes that avoid structural or major MEP reroutes when timelines matter.Sequencing & overlapSchedule parallel workstreams (e.g., exterior/landscaping while interior demo proceeds).Use a Gantt chart (even a simple spreadsheet) to track trade start/finish, dependencies, and buffers.Daily control15-minute stand-up with GC or project lead each morning (photos + punch list).Two inspections/week: one quality, one progress vs. schedule.Keep critical spares on hand (breakers, valves, GFCIs, common trim, extra boxes of flooring).Tech + templatesSimple tools (Google Drive + shared photo folders, or apps like Buildertrend/Jobber) for scope sheets, punch lists, and photo proof.Use QR codes in rooms linking to the finish schedule for fewer “what goes here?”

Feel free to connect if you’d like to exchange more ideas

Hold rentals in an LLC taxed as a partnership to keep 1031 exchange flexibility and step-up benefits, avoid putting rentals in an S-Corp. 

Maybe not in the short term, but definitely over time.I think part of the answer is to stop thinking “stick built only” and embrace what I’ll call "Precision-Built Housing" (simply because of the stigma "manufactured" has). 

Using cost segregation, REPS, and 1031 exchanges together allows you to minimize taxes, recycle capital, and reinvest profits.

Wondering if anyone's sold/run a hostel before - best exchanges, comps, or high-traffic networks?

How much do you have to invest in the property for the 1031 exchange?