The complex is well located and 90% investors owned so renters occupied in Avalon Condominiums S.Semoran Blvd and Pershing Ave in Orlando.

We have spent about $500-$800 on attorney costs at closings depending on the complexity.

I'm maily interested in multifamily complexes and am asking what is the best strategy to acquiring them as a 26 year old female with brand new credit?

Pretty simple platform, but doesn't have much customization.You could also look into Appfolio, Rentvine, Doorloop and several others, but they cost more and are more complex to implement.We use Propertyware, which is extremely customizable, which is why we selected it, but comes with a long learning curve. 

The reason you hear so much about WY LLCs is because of their anonymity and 'charging order' protections, but things get complex fast when you get into a WY LLC actively doing business in another state.

Here are some key reasons why many investors make this transition:Economies of ScaleIncreased Cash FlowRisk DiversificationProfessional Property ManagementEasier FinancingScalabilityProperty AppreciationTax BenefitsHowever, it's crucial for investors to thoroughly research and understand the unique challenges and considerations of commercial multifamily investing, such as market analysis, property management complexities, and potential regulatory issues.

The real estate investment world can seem complex, but it's not as daunting as it appears.

You want to work with a professional who will understand whether the rehab that you do would be required to be capitalized and depreciated over years or eligible to be expensed in the current year.Furthermore, you live in New Jersey which has one of the more complex tax laws in the country.

To calculate your land value, take into consideration the average price per square foot or acre of the comps and apply that to your land.Steps to apply comps to your property:1) Compile multiple comps: Find a real estate agent to help you put together a list of comparable properties.2) Make adjustments: Analyze each comp carefully to determine whether it has advantages or disadvantages when compared to your property and make adjustments to the value upwards or downwards as necessary.3) Determine the use of weighted average vs average: Depending on how close the comps are to your specific property; you may consider utilizing the weighted average method to place a greater weight on those properties that more closely resemble yours.Using comps to value your land can add a component of complexity and subjectivity.

In Ohio, there is no distinction in licensure, so the commercial brokers that focus on retail, industrial, office, etc, and even large apartment complexes have the same exact license as the realtor repping buyers and sellers for single family homes.