My role with this MF company is to manage the design, construction of the GC's and opening of the properties.

If you are apprehensive of the market, and believe it will get worse before it gets better, you might consider going to cash, doing a private loan to a flipper on a project where it would be a screaming deal if you had to foreclose, and taking a look in 9 or 18 months. 

We verify project feasibility and construction scope; and use 3rd party valuations and internal data to verify the as-is and subject to value.

I am thinking of that being one of my next big projects if the community is wanting it. 

What is rent on that project in KC?

First, Are you licensed and insured to manage other people's properties?

And how much rehab ($ amount or $ of PP) are you comfortable with in your projects?

- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.14 properties - presume these had to have been single families.Oh, I'm modifying the original post to mention leaning toward creating a trust which we manage..so we would own very little yet manage the trust which owned investments and such.Here is what I understand/misunderstand (better or worse) on moving every 2 years (as we are open to that albeit pia.) • Multi-unit would only support a %, so a quad would 25% and prorated over all years of ownership....witteling advantage to not worth the effort. • Single unit properties get pro-rated.

In your 'assumptions' and projections, Would you rather...1.

Then pay them a fee for finding the deal and pay them 8-10% of rents to manage the rental(s).