Additionally, cash purchases can often be quicker and simpler, avoiding the complexities and timelines associated with HML.However, using HML can preserve your cash reserves for other opportunities and emergencies.

I am sure there is something I am missing here. lol    The reason people don't like to do this is that it adds a layer of complexity and expense, but it does offer many rewards.

Of particular interest are: Multi-Family Complexes, Medical & Industrial Parks, Warehouse & Storage Facilities, RV & Mobile Home Parks, Sale and Triple NNN lease backs, Agricultural and Timber investments. 

Be conservative in your rent projections and overestimate the repairs.I am not sure what the age of this property is, but I have found with older properties (mixed-use and apartment complexes), there are several variables that are typically not an issue with newer properties.

But 2-4 units is Chicago is extremely complex with 100+ year old buildings, Chicago zoning, department of buildings with violations and inspections, plus the RLTO. 

Apts complexes consisting of 100s or units can afford on site property manager, assistant managers, maintenance staff, volume discounts, etc.  

From oceanfront vacation rentals to multi family complexes to RV Parks, boutique hotels or storage and industrial facilities, Oregon real estate investment opportunities come in spades.

I have the same question, but this issue is more complex when an investor has multiple investments in different states with federal passive losses carried forward from multiple states.I doubt that states intended to allow non-residents to not pay state income tax by offsetting state sourced income with non-state sourced passive losses.

Hi Ryan, I would definitely talk to a real estate attorney about the complexities and how this LLC structure would work.

Congrats on this venture - new construction (for the first time) is incredibly complex and exciting!