I.e. if the group is buying a $50mm apt complex and has a  2% acq fee, that is $1mm returned to GPs as soon as they close.  

We focus on LIHTC complexes but are open to other types of investments. 

There is one 3 story apartment complex up the road. 

Hello Nicholas, there are a few drawbacks: -Complexity and Scrutiny: This approach could attract scrutiny from the IRS, as it's not a typical way to manage rental properties.

I have had success bringing complex situations to the creative folks of BP and letting you all do your thing... so going back to the well again.There is an area of our town that we would like to purchase our forever home.

It can be simple or complex just depends on what the client wants. 

I just got the notification from the city that there is a new apartment complex that will come up right in front of my house.

That ($350k) would be a larger (3/2) or more complex (two story or other complexity) ADU in my market.  

Better than that maybe work maintenance at nights and weekends for another landlord, PM, or apartment complex. 

The primary purpose is to assist eligible veterans in purchasing, building, repairing, retaining, or adapting a home for personal occupancy.Asset Protection Strategies: If your goal is to protect your assets, there are other strategies you might consider:Insurance: Obtaining adequate insurance coverage, like homeowner's insurance and umbrella policies (as @Greg Scott mentioned), can provide a layer of protection against liabilities.Homestead Exemption: Some states offer a homestead exemption that can protect a portion of your home's value from creditors.Trusts: In some cases, placing the property in a trust can provide asset protection, although this can be complex and requires legal expertise.Legal and Financial Advice: It's crucial to seek advice from legal and financial experts.