There is also about 40% less inventory for Condos than there is for Co-ops.If you're mainly looking to invest in an apartment to save on rent and learn the market, I'd recommend a small multifamily (2-4 unit) investment.

LLC will not help you with tax savings for now.

Find another place to rent and continue saving

The meetups are an excellent place to meet equity partners and private lenders and build relationships with them.

You might study up on this Atlanta business that is growing their business with private offerings (funding)   padsplit.comThey have a shades of gray solutoin for the unrelated adults, and rooming house zoning that is sort of working in the Atlanta area.   

Most reverse exchanges are done with cash from the client or a private loan of some sort from an individual or a portfolio bank.When your old property sells you will have that cash in your account to purchase the new property. 

Unfortunately, we can’t do this for another 200 days due to FHA restrictions.Exploring AlternativesOne potential solution I’ve considered is working with a private lender.

The larger wholesalers use VA to skip trace and cold call saving them all of the work but you need capital for that.I recommend going to some events here in the DFW area.

The depreciating asset is already factored into my investment strategy.It will take me a little while to save up enough money to get something, so I have some time to figure out what I want to do.

Luckily I had war fund saved up for the HVACs, roofs and foundation repairs I needed.