I have not been through an 08' situation, but I can say in confidence you want $10-15k in reserves PER door if you want survive an economic downfall.

Engage qualified inspectors to uncover any hidden maintenance needs.

(Though neither engages in actual brokering.)

It's not looking good for rate cuts.

With such low inventory, Investors are hungry for properties and this ain't looking up, unless the rates come DOWN!

Sir, I appreciate your willingness to engage, but it seems you're missing the mark on the question I posed.

This can also help you understand all of the questions you mentioned, while helping establish a version of "track record" that can build investor confidence and trust in you.Finding LPs: what kind of LP do you want?  

It just so happens that none of the individual expenses exceeded the $2,500 rule even though the aggregate cost to construct a set of cabinets (example) may exceed this threshold.Since 1.263(a)-(f)(6) specifies intent rather than the end result (Unless you think (6)(i) would apply), since the intent of the taxpayer was not to manipulate this election for a tax benefit, my assumption is that they would be able to expense all of the items normally.Just looking for confirmation as I'm pretty confident my understanding of the regulation is correct.

Analysis paralysis is always the product of the confidence not being there.

I have high confidence that the average is more than 6 months in LA and elsewhere in So Cal. 

We want to keep it relatively small so that there's plenty of opportunity for everyone to actively engage on the calls.