.  :-) Congrats on those deals  I just have not wanted to take on hundreds of investors.. my one I did we raised half the one you mention ( 7.5 mil)  with only 6 investors so On a very personal level with each..

you mentioned buying it in 2020, but not when you moved out. 

Rental properties are excluded from 50a6 law however lenders sometimes chose to follow it still as an overlay (additional layer) to provide protection because sometimes borrowers falsy their occupancy to exclude them from 50a6 law (like saying you dont live there and pretend living elsewhere when you in fact do as a borrower live at the aforementioned property).

I've heard this company on several podcasts and toured by some big names, but the big names never mentioned that they have done of their own money invested in the funds

v=xt-9dQ84LBgOdd take to mention how busy you are...then how many posts you have.

The price is $6,213 (that includes everything mentioned.)

I immediately reach out to him asking if 1099s apply to me and whether or not I needed to send these to my contractors (as mentioned above).

I know you mention $400,000+ multi-family properties - but the numbers below will work out the same regardless of price point - I just chose simpler numbers to make the calculations easier to follow:Example:  $100,000 house - $1,000/month rent, $100 taxes/month, $100 Insurance/month - 7% on Financing Cash Versus Financed:Cash:$100,000 invested

I’ll provide an overview of the situation and my thoughts/attempts on how to structure the deal.Owner: He is in his 70s, payed off asset, appreciates the return profile of his property but is no longer interested in the management and hassle aspects.Details: Before I even asked, he mentioned that he isn’t sure where he stands in terms of depreciation and is somewhat concerned about the tax implications of selling.My initial approach to discussing creative financing: Me: "Have you heard of or would you consider seller financing?

If you get a section 8 tenant the authority will need a closet and outlets as well as the egress you mentioned.