@Nicole Portell - When you say a "multifamily unit" are you referring to a condo?

Are based on their capabilities rather than what is ideally offered to you (for example, if a lawyer is only licensed in Texas, they might recommend structuring in Texas even when it's more advantageous to establish, say, a Wyoming holding company, simply because they cannot facilitate the latter).Comparing this to the medical field, as discussed in this thread, physicians generally provide more consistent advice.

I would say a 3 bed, 2bath, 1500 sq ft home that was 20 to 30 years old here might rent for 1750 to 1800. 

People are still traveling but being more selective where they make the memoriesI wouldn't say a crash per say is coming with these properties.

I.e. wholesaler buys property for cash and closes in the time frame with previously secured financing, (say a line of credit or bank financing on the property that is clearly stated as a contingency that may fall through, so your contracts state contingent on finding an actual cash buyer because that would be a good showing of a more honest wholesaler,) or obviously cash.

What would be the impact on the business value at say a 7% CAP? 

You say  a”Wholesale brokerage”, I can’t imagine how deals would be structured in CA to be legal as “Wholesale deals”

You create a new account and say a lot of words but don't give us any specifics about what you've learned or how it's helped accelerate your growth.Pace has earned over $40,000,000 just from membership fees. 

@Ruth ReyesI'll be the outlier here and say a condo can be a good buy.

That being said, when they launch their next fund, they are strongly considering a 506(c) offering.https://lastmileinvestments.com/While this is not a list of people I have invested with, I will say a lot of 506(b) operators hide in plain site:- Podcast hosts and guests (talking about what they have done past tense, not current offerings)- The gurus often also syndicate deals- Rise48, per their website, has primarily (if not exclusively) 506(b) offeringsThe thing is, depending on how conservative the compliance attorney is, you can have 506(b) operators advertising like there is no tomorrow.