There is also a gentleman in San Antonio the San Antonio Residential Assisted Living group, and also a Zoom meeting (Denver Area Assisted Living - DAALR) for Assited Living Facilities/Residences on the last Wednesday of each month-except Sept and December currently, and these are recorded on the FB page for you to watch later.

They're an exceptional and highly professional team.

Everything checks out except they have terrible credit.

The DD process is not just executed prior to investment but also during investment period.Syndication has similarities to VC investing except the return is much less with equal market risk.For me if I have to invest at multifamily, my term must be 50% LTV 10 years fixed debt, Year 1 DSCR must be above 1.30. 

Luckily no one was injured nor hurt except the property.

You can use up to $25k a year of those passive activity losses if you are actively participating in your real estate ventures ("small landlord" exception) and income stays under $100k a year.So yes it can be useful if someone happens to fall under these circumstances, but for anyone who is going to have over $100k a year of retirement / other sourced income, they may be out of luck.It's all timing - you are just using up those PAL earlier than if you waited for the rentals to start producing taxable income (they normally do if it is a good investment), or a property is sold and PAL are released to offset that income. 

We use Appfolio for all of the properties that we manage except for vacation rentals.

Postal Service address,Voter Registration Card,Federal and state tax returns, andDriver's license or car registration.Because it is the IRC - there are plenty of additional exceptions and caveats to be aware of.

It's vital to understand these assessments and budget accordingly.

In order to get around the 6 month title seasoning requirement I have to meet the delayed financing exception.