Hi friends,I am looking at purchasing a few 80+ unit apartment buildings in Dothan, AL (Enterprise). 

We have a duplex STR so believe STRs have their role but …Most residential areas were not zoned for commercial enterprise. 

I was proven wrong today, unlawful detainer awarded to plaintiff, Barnard Enterprises, Inc along with a financial judgement that I will likely not see much if any of since a vast majority will be wiped out in the BK cases.

Its also rather pompous sounding: ******* Enterprises LLC.

Possible, depending on the scale of the enterprise, but unlikely for most people for sure.

@Cliff Mccue  from what I saw in the Chicago market you can ( or I suppose it legal I know it is in CA but it is not in Oregon) is these investment are fractionalized interests in ONE mortgage note.So you now have people unknown to each other in a common enterprise.. ( which always leads attorneys to securities issues)... so with this set up you can simply bring in new money via collateral assignments very very easy to do functionally.. and most investors do not have the experience or knowledge to even understand what they are doing..

It's free enterprise my friend.

Their daily rental rate was $220 when it is $150-200 for this type of property.Met with Tom from Airdna once pricing out some enterprise options and he told me the Rentalizer tab takes the 10-15 or so similar properties (beds and number it accommodates you enter) and mushes 'em all together.

Phil,This is the point at which cost posits a cost-benefit analysis for enterprise.

If you own rental property in Enterprise Alabama or surrounding areas I want to hear from you!