@Rafael Ramos All your goals contradict each other:(1) Cashflow: buy Class C & D properties2) Appreciation: buy Class A & B properties3) Low Crime: buy Class A & B properties4) Why would you want your investments to lose money to lower your taxes?

Like all businesses, laundromats have problems and require time, effort, and money.

@Jason Malabute Yep - I'm currently invested with BAM in Fund #1 and Fund #3 (no money in the war-chest when #2 came around)Distributions have been consistent and reliable and Fund #1 has already generated a 2x equity multiple.

Did you save enough money for a new purchase?

And yes, attorneys make money from forming LLCs, but they make way more when you were negligent and didn’t know what you didn’t know and end up in a lawsuit.

Yes, I have investors actively buying STRS on O'ahu at this time and they are planning to make money off of these investments.  2.  

Thank you in advance for helping me navigate this decision.I have a long history of fix and flips in several states and the first thing I want to point out is that you make your money in the "buy".

Theres going to be so much money there they will have to change their name from the Orangemen to the Greenmen. 

However, if you have money and are looking to buy investment property there are many, many better places to invest than Austin.  

The money is in the pad rental.