To Find a house on the beach you will be looking at paying over a million. 

Option 1 was the 4% rule where you could withdraw 4% of say $1 million - but that is only $40,000/year - which was not going to replace $200k in income.  

Dont want to end up in a situation where we have 6 mln and cant close the deal because we forgot to account for a one more million for  closing costs... 

It current fetches about $55K a year in rents.  

Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.

These are usually used to fund  mergers, acquisitions, etc. in the $10-100s+ million in value, with 100-1000s of SOPHISTICATED or institutional investors buying fractionalized interests. 

Would have some concern, given their very rosy projections of NOI growth even in year one from 3 million to 3.4 million ,13%. however, Yardi data shows Atlanta rents are actually negative so far this year, by -.1%. 

Market OverviewThe Los Angeles warehouse/distribution market is comprised of 476.3 million square feet in eight geographic concentrations ranging in size from the 128.0 million square foot Mid-Cities submarket to the San Fernando Valley West submarket, which accounts for 6.6 million square feet.

Asking $3 million This will be a contract assignment and we do not own the property simply assigning our interest in our option to purchase contract.For more information, please call  870-613-xxxx. ( PS I am just guessing and I’m nobody’s legal counsel and don’t wholesale in South Carolina.)

It is the last buildable lot in the middle of 1.4 million dollar homes.