Many for-sale by owners aren't aware they are legally obligated to disclose.

I agree, the term itself seems to have been the result of backroom jargon as any pool sold or collateralized will be based in part on the WAM, Weighted Average Maturity of the obligations.

That triggered us having to pay transfer taxes, as the state treats an LLC as a disregarded entity, even if it contains the same members.Most of our clients invest using an LLC as their preferred corporate structure.

My reasoning is Midwest cities are often overlooked, downtown hasn't fully recovered from 2020 yet and it quietly has a lot of new construction, expanding suburbs and has major corporate headquarters (Target, Best Buy, 3M).P.S.

I agree in that the easiest way to go about this is to sit him down and in your best manner state that there are inconsistencies and you'd like additional documentation as you do have an obligation to uphold (in keeping the current tenants safe and ensuring this person is who they say they are).

You should still negotiate your rights and obligations as an LP investor. 

- Maybe consider Mid-term rentals in an area with hospitals or businesses with traveling corporate people - you'll need to furnish it, pay for utilities and WiFi but this is what some Bay Area investors I know that are doing and AirBnb to cash flow

Bought a property in 2005 that was an absolute NNN corporate restaurant lease. 

There are some layoffs but heavily skewed toward corporate and management level employees.Cautiously optimistic.I see rates in upper 5’s soon which I believe will unleash a moderate wave of buying.

First, pick an area close to colleges, corporate headquarters, or other well-known landmarks that offers superior facilities, education, and overall quality of life.