I can refer you to my investing group's financial experts (accounting firm / law practice), if you like.Where the issue may be getting confused is that the interest on financing is an operating expense for income property, but the principal portion is booked under debt service, as I understand it.

Hi @Jairo Paredes, send me an email and I will give you my lawyer numberHe is great and works for one of the best real estate law firms in USA

They're not exactly illegal, but you subject yourself to steep fines if not done precisely according to the fine print in the law.After reading the fine print, I decided it wasn't worth it for me...at least not in TX.I like and use ARC Law firm in Colleyville.  

Should I consult with various lawyers and a CPA, is it better to go with a firm that has experienced in various practices such as corporate and tax law and maybe immigration?

Rainier: I own a debt and equity firm that arranges financing across the country.  

Areas I'm interested in visiting but are not limited to:Nashville, TNMemphis, TNChattanooga, TNRaleigh, NCThe Triangle, NCAsheville, NC I don't have any firm trip dates, but I'm planning to make the road trip before the end of November this year.

I'm looking to meet people when I'm in town who know the cities and the local multifamily markets well.Areas I'm interested in visiting but are not limited to:Nashville, TNMemphis, TNChattanooga, TNRaleigh, NCThe Triangle, NCAsheville, NCI don't have any firm trip dates, but I'm planning to make the road trip before the end of November this year.Thank you in advance for any good contacts in those cities.

I don't have  the best answer Im sure, but try calling the local property management firms.

I hear FLA is firming up as well. whats your take on that your heavy in FLA... other states its fine though as we know.. especially Texas

Obviously the numbers are not firmed up, but this is pretty close and I have to go off of pro forma for the MF, which I am pretty conservative with.