Who actually knows what a legitimate construction cost are.2.

That will enable you to acquire the property, improve it, refinance (pay off loans), and then keep that property.

I've checked county tax records and this second building is included in the record, so I'm assuming it's legitimate.

The LLC is a pass-through or entity, so it is ultimately recognized as part of my single tax return.After all factual and legitimate accounting, the tax exposure can be significantly minimized with proper planning, documentation, and execution.Again, I’m not a tax professional and I don’t play one on TV.

It's not your tax files where you might clean them out after 10 years, they cannot be cleared out.If the HOA is out of compliance I would not buy into the unit and if there and they don't comply with your legitimate requests you'll likely have to sue them.BTW, I used to own a lot of property in Houston TX which has no zoning so everything was in an HOA, I've served on HOA boards and been president of HOAs twice including my current residence in CO.

Meanwhile, we've actually sold one, managed it for a year for the buyer, and then enabled a young entrepreneurial lady we know to become a property manager and turned it over to her.

Need to make sure you are wiring to a legitimate escrow company.

I think they would have a tough row to hoe if they denied you coverage on a legitimate event, unless your housing is specifically marketed only to students, in an area that only students would rent, or constructed in such a way that that wouldn't appeal to anyone but students (common kitchens & living areas, for example).

A Solo 401(k) is a qualified employer retirement plan, and needs a legitimate business activity with no full time employees to act as a sponsoring employer.You can read all day long on BP and get into paralysis of analysis, as well as digest some less than accurate information on the topic, to be sure.Alternately, you can read up a bit, with the goal of identifying a few professionals in the field, and then get on the phone. 

Don't get too immersed into one track (aka 'stuck' here) and you may want to consider not framing things like this: "I asked him if he would be interested in assigning me a contract as a newbie investor and he said yes".There may be a legitimate value-add provided yet you need to go into a relationship knowing what you are seeking and knowing what the other person is able to deliver.