How do I not get caught up in the numbers when your assertion is that the numbers are the definition?

There is a deed which grants ownership as I described and a Co-Ownership Agreement that says they get the upstairs and we get the down stairs and defines some general obligations.The agreement was drafted in the 80's for our respective parents.The language is vague and poorly written for it's intended use.With regards to FMV of the rents paid to the LLC, I have no idea how they are substantiating the claim.I am very interested in your assertion that the existing form of ownership would not qualify for a 1031.

Even if I had, it was my personality traits that have got me where I am today (assertiveness, aggressiveness, dependability, self motivated, and determined).

He asserted that the prices asked were a "solid 8.5% cap," but a quick glance at the numbers reveal that all of the soft costs - capex, maintenance, vacancy and property management - were disregarded.

(I think).As to your assertion: "In the end it is not dollars per square foot so much as dollars per unit and hassles per unit."

What would an experienced investor assert is more beneficial to a REI career?

Assert your rights and don't let a stranger in without clear authority!

(2) For purposes of this section, "rent skimming" also means receiving revenue from the rental of a parcel of residential real property where the person receiving that revenue, without the consent of the owner or owner's agent, asserted possession or ownership of the residential property, whether under a false claim of title, by trespass, or any other unauthorized means, rented the property to another, and collected rents from the other person for the rental of the property.

Here is a clause I have in my assignment contract:Assignee agrees to stand in the place of Assignor, and agrees to indemnify and hold harmless Assignor from and against any claim or action which may hereafter be brought or asserted by Seller against Assignor arising under or by virtue of the AgreementThat should be sufficient protection against any litigation that comes across your way.Although I would have an attorney look over any clauses in your assignment contract to make sure they are in line and legal and maybe ask to see if there is a clause you can add to further protect yourself.

You are asserting that the increases in expenses will be borne by the tenant rather than by the owner in the form of an increased cap rate.Expenses here are a fraction of what they are in other places.