I have started investing for a few years and had some good results with a few GPs but even those GPs who had been coaching other people had really bad results this year (mainly no distribution).

If you don’t plan to sell the lots w/mobile homes is there a reason you have to split the lot?

The second company had a PM contract and due to other reasons we did not continue their services after a couple of months so tax stuff did not arise.

(If you are out of state, you may seriously consider using a good property manager because of screening tenants, vandalism, squatting, and various other reasons -- they do protect your investment).

In the case of the stolen furniture I would also ask how did the police offer develop the competence to read a lease and decide that was a reason to not pursue the case? 

It’s the reason the lake front “retirement” home I bought on Lake Minnetonka in MN has had a tenant in it for the last 10 years.

Do the math at a 6% loan rate.There's a reason many apartment buildings have been converted to condos and sold.

I would say a 10% CoC and 15-20% ROI are reasonable returns.

All of our main entities (i.e.

They didn’t give me a reason why my loan didn’t close.