You should read Kol Peterson's book, Backdoor Revolution: The Definitive guide to ADU Development.

So, if withholding distributions in order to protect your investor's capital is necessary, I would fully support that.Having the support of you partners is of utmost importance, which highlights the importance of effective communication, regardless of the chosen strategy regarding distribution adjustments.With those points established, I have continued to receive distributions and that has strengthened my confidence in my partners. 1) Buy for cash flow, 2) secure long-term, low leveraged debt, and 3) have adequate cash reserves are principles that guide the business.

Can someone guide what rent we can expect for a 1200sqft 3 bed 1 bath home?

The complete guide to buying and selling apartments by Steve Burgess

This left me scratching my head, with no answers:The law seems to say yes to flippingThe guide seems to say yes, but only if there is no sales contract in place (which suits flippers)The bank affidavit seems to say yes, but only with sales contract in place (huh?)

There is a reason I have to be like that.I am trying to guide people the right way.

This is a great place to learn and network.If you are looking to connect with other members near you, or want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could use the search feature here: https://www.biggerpockets.com/search/usersThere are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides

You’ll find plenty of friendly, knowledgeable people willing to respond to your posts.I really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alertsThere are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/pro

For example, if you are looking to connect with other members near you, want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could use the search feature here: https://www.biggerpockets.com/search/usersI really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alerts

Let's connect and I can share my experience and hopefully guide you.