@April VanCleve - For my rentals, I tend to set aside 3-6 months of overhead in the bank for each property prior to start issuing distributions / cash flow.

Inherited are post-probate, hence distributed via PR's deed, court order or Affidavit.

Commercial real estate lenders calculate interest on loans in three ways:✔️ 30/360✔️ Actual/365 (aka 365/365)✔️ Actual/360 (aka 365/360)Real estate underwriters should be aware of these 3 methods and understand which calculation the lender is using.The differences can have a significant impact on the amount of interest paid over the life of the loan.Similarly, it can also have an impact on the amount of cash flow that is available to be distributed to your investors.

How would the bank derive new valuation?

The included free takeaways from basic investor distributions and syndications , to more complex waterfall models — the proprietary spreadsheets are worth the admission price alone. https://go.theriversideexperience.com/monsey-multifamily-program?

Maybe there are other markets like this (in fact, we have another one in FL and one in the Smokey mountains like this but with higher occupancy by choice) but unless the investor goal includes deriving personal value from one’s STR property, raw data looks and feels  different.

I reviewed  our operating agreement and it does state distributions would be paid out equally- so I believe I have the answer.This has been a useful thought exercise for my planning purposes for 2024. 

We have a lot of different things going on around here, downtown square revitalization, industrial distribution facilities, etc. 

Properties that use a RUBS allocation formula to distribute water costs had a reduction of 6 to 27 percent in water usage.

Its a little more complicated as you have to have a plan for what work will be done and you have to find a contractor willing to do this work under the payment distribution plan of the FHA 203k loan which will release money according to progress reports.Also, in order to qualify for the loan the appraised value of the after repair home must be equal to or above the loan for the home and the remodel.