Choosing Between 506b or 506c: Both have their pros and cons. 506(b) allows you to raise money from accredited and up to 35 non-accredited investors, but you can't publicly advertise. 506(c) allows for public advertising but only accredited investors can participate.

Inflation is a son of a b$t$&, and we had a bad case of it.

That is not an issue.the question is how to coordinate the two sales and one purchase. if it’s too complicated, may just pay the capital gain tax.Quote from @Bill B.: You lost all hope at step 1.

We recently signed a lease with tenants (2 people - Person A & B) where they have 1 renter's insurance.

@James Humphrey Class A rentals rarely cashflow for the first 3-5 years.Class B may cashflow within first 1-3 years.Class C should cashflow from day one.Class D - stay away!

When looking for a PM, consider these criteria:1) the experience and credentials of the broker who supervises the company as well as the lead property manager2) the services they offer and how they line up with your needs and expectations3) the use of technology to make their job and yours easier 4) if they have a landlord-tenant attorney on retainer to help guide them on legal issues (not to mention the creation of lease agreement, landlord forms and notices, etc.)5) their process and policy for a) listing, b) application, c) tenant selection, d) routine inspections, e) maintenance services, f) property and tenancy update reports to you, g) lease enforcement policy, and f) move-out process.6) property owner reviews (caution: you can't always rely on Google reviews, because they may not reflect actual quality of the company, but still) 7) beneficial programs for both owner and tenant 8) a property management agreement that would indicate they know what they're doing and have the experience to know what matters in a PMA.

Hi @Joseph Chiofalo my buy box is up to $800K for a B to C+ class complex.

But your goals, timelines, etc are not outlined at all.Common issues I see on these forums: everyone thinks they are getting a little cash flow, but over the long term, they are a) not getting as much as they underwrite and/or b) typically hurting long term value by creating cash flow through deferred maintenance.  

@Ward Hubbell When I had my B&B we typically had light weight comforters and a blanket underneath.

-option a, b, c, that im not thinking of?