@David de LunaYou are suggesting Morgan Stanley Insight Fund Class A....

Hi, I want to start investing in commercial real estate, with an Umbrella Structure, I was thinking to open an LLC in Delaware filing a partnership tax return ( I will have the 99% of interest as main owner and a corporation than I will open, it will have 1%) and then having disregarded LLC as subsidiaries, opened in the State of the property that I will buy, and with these subsidiaries, I will purchase and sale/hold properties. 

@Jeffrey De Los Santos biggest issue is the value of the property.

We manage residential properties all over Philadelphia and a few units in Delaware county as well. 

Alors que Cleveland fait des flux de trésorerie, la baisse de la population est une préoccupation pour un achat et une détention à long terme.

If the program is revoked, any de legislation has been for new borrowers only.

We bought a land that is currently under development in the town we are going to be living (Santo Domingo de Heredia) and we have the builder already but have not done the loan yet (I heard the interest rates over there are crazy high) so I was even considering getting a loan here in the States to fund the project over there (don't know if that's even possible).BTW I met an Investor that had some Airbnb in one of the beaches and said it was a nightmare (the PM) but maybe he didn't do a good job screening the PM?

I have a triplex in one of those areas, but it's on the end of a quiet cul-de-sac surrounded by other good buildings.

And if you're not wanting to be a land lord any more then a move to something like a DST (Delaware statutory trust) or Tenant In Common (TIC) give you an alternative that provides well within the same returns as your index fund these days while still maintaining the tax deferral of the 1031.

@Hjalmar De Boer We have a very strong long term rental market in the area are wanting a second home in the area for vacationing and retirement destinations, but they may not be completely ready to go forward with a purchase.