Understanding and underwriting complex deals?

It depends on the market, but in Austin, having a washer and dryer either in unit or in the complex is pretty market standard.

In other words a court can say "you are not running this like a real business so the court detemines that yiou dont actually have an LLC and you own all of this in your own name"The proper way to do it is buy the property in the LLC and the LLC gets a loan in it;s name.  

@Allen TracyCalifornia state tax laws are complex and you do want to work with a professional who understands state tax laws.You also want to work with a CPA who understands multi-state taxation since you have to have property out of state and as a result need to file an OH state tax return.Ohio is a unique state in that it requires the filing of many locality returns.Good luck in your search!

Or that M.J. was only ever on a court during a game? 

However, it adds complexity with more paperwork and potential self-employment taxes on all the income.Doing it as an individual is simpler, with everything going on your personal tax return, and you might benefit from the home sale exclusion if you end up living in the property for a few years.

This will not compare to a large apartment complex. 

He appealed and the higher Courts ruled against him.

Specifically asking about public safety, appreciation vs. cash flow thoughts, and complexity of building a local team (agent, property manager, general contractor).

Jacob is looking for a way to solve this where he doesn't take a major financial hit, but also where this doesn't end in (let's just be honest) tons of court fees and fighting.Michael wants scorched earth and a 40% pay out which is a no go for Jacob.