Created LLC and operating agreement to split net profit 50/50 (I voluntarily gave partner a bit more to get them to an even $15k distribution as a thank you).Details (Nitty Gritty!)

Tenants save money when using a shared meter, so there's plenty of room for error when calculating how to distribute the charges.

If you notice the cost of the refinance would exceed any amount of money derived from a refinance unless the property is worth 115k.

This is is a long thread under the heading "Multi-Family and Apartment Investing"Post: Ashcroft capital - Paused Distributions

Deriving income is the goal.  

Tenants save money when using a shared meter, so there's plenty of room for error when calculating how to distribute the charges.

It’s these deals that are pausing distributions, stopping distributions, issuing capital calls or got forbid losing them in foreclosure. 

If the property has already transferred to three siblings, the act of a buy out will trigger reassessment on 2/3 of the property.If the property is still in trust and has not yet been distributed, there may be more options.

Here is a description of the types of insurance producers in California from the department of insurance website.The following are descriptions of the four basic distribution methods: Captive AgentA broker-agent acting as a captive agent represents a single insurer, or single fleet of insurers, and is obligated to submit business only to that company or, at the very minimum, give that company first refusal rights on a sale.Insurance BrokerA broker-agent acting in the capacity of an insurance broker is an independent insurance sales person who searches the marketplace in the interests of clients, not insurance companies, and may place coverage with any admitted insurance company.

We've solved this issue by handling allocations and distributions on a weighted average contributed capital (WACC) basis to solve any dilution issues. 2) Rolling Fund.