You need to do a very good job DD vetting the sponsor.- Another option other than 1031 is to live in the property that you want to sell for 2 years and then sell it later.

It's typically a transaction between a sponsor/general partner and a pool of investors.

Direct from the sponsor.

Host a community event and invite others to co-sponsor it.

., the sponsor was able to increase NOI by rehabbing the structure, but the value added by making the improvements in a very efficient manner allowed the sale of the property at a price that outpaces the original cap rate.

Clearly, the bill sponsors are not landlords.

When sponsors charge an acquisition fee, a capital transaction fee and then implement a waterfall structure, this sort of offsets the pref.

Sittenfeld, explaining the rationale of the legislation he sponsored: “For a significant number of people living in Cincinnati, a security deposit for a two-bedroom would equal or exceed the totality of their savings.”https://www.wsj.com/articles/s...

This is why passive investor’s biggest decision is who they invest with, because the sponsor can make or break you.

@Alfred HarrisThere are some low interest loans available for low income housing; some tax credits; and possibly property tax abatement.Grants, when available, are reserved for non profits, often sponsored by a church or similar organization.