As it is advanced, anyone considering using PPLI MUST talk to several qualified professionals including a legal team.I agree that this takes a lot of sophisticated planning.

I would be interested to hear any views on how a persons perception of their life plays a role in Action.

As such, i imagine it's pretty hard to get a realistic sampling of whether gay people make good or bad tenants.My guess is also that someone's attitudes towards gay people will affect their perception of whether they were good tenants or not as well.

I would attribute it to different goals, different definitions of diversification, different perceptions of acceptable risk, and different utility functions for success.In other words, there's no absolute right or wrong...just what's right or wrong based on an individual's goals, skills and risk ideals.At least that's my take...

Sophisticated tenants will have caps on annual CAM increases...these can kill your NOI.Anything I missed?

Lucky for Trig he's a baby and is mentally handicapped so he doesn't understand the viscous attacks orchestrated against him by the classy, educated, sophisticated opposition.Seriously, what person with skills good enough to be president would put up with this kind of trash "journalism"?

So, it does require that the GC trusts you to some degree.While I don't use lien waivers, I do talk to the subs every chance I get, and I will flat out ask if they're getting paid, if there are any issues with payment (late, checks bouncing, etc), and if they express any concern or indicate that there might be a problem, I'll pull the GC aside and have a chat with him,But, I've only had one problem, and had I been a little more perceptive, I could have avoided it (it was on my second project and I wasn't proactive enough).Also, it's always good to ask the GC (and the subs) if they've worked together before.

Maybe the judge sides with the tenant and says that this was not a purchase/leaseback/repurchase (a complex transaction that the sophisticated investor understood but the naive homeowner did not) but just a simple matter of a loan.

A lot of people do a pref with some split in larger, more sophisticated deals.

My perception has changed greatly in my time living here.