Originally posted by @Joseph Binkowski:Hey BP Community -I was sitting-in on an investor presentation for a syndication of an attractive 320-unit Class B MF development in a fast-growing market, and then I realized... it was a 506c project for accredited investors only [which I am not.. yet:)]So then I began thinking...How can I possibly get involved?

I also had horrific PMs, particularly involved with a 48 unit apartment complex in Houston.  

You didn’t mention the property or deal specifics, but for many deals in the recent years, there have been amazing and unusual gains due to multiple unnatural circumstances.

It isn't having paid off properties that offers security, there are still taxes, insurance, maintenance and management involved. 

If so, they can sell within 2 years and not pay capital gains taxes on the sell of the home.They could take that money and buy multiple rental homes in other areas if they wanted, or use the money to downsize in to a different home while still having money left over.

Turnkey properties offer immediate rental income with less hands-on involvement, while properties in need of rehabilitation can potentially appreciate in value.

We have been able to save up some money for our first turnkey multiple unit building.

In the case of GEG, we let our members know we did not have a track record with them - they were new to us and just being tested - and therefore it was even more important to perform thorough due diligence since we can't be involved in the transaction. 

If your business operates in multiple states, you may still have tax nexus and filing obligations in both, regardless of your LLC’s location.

The buyers did a long inspection, multiple days... made a huge request for concessions based on what we knew to be purely made-up issues.