Thanks for speaking to that.

I see quality tenants in the historic northeast, they get good value and like living in older buildings.

I just finished their taxes with their CPA and I can say from first hand knowledge that real estate is the most effective way for immigrants to obtain the American dream.My parents immigrated to California in their 20's from Asia with no money, and could not speak English.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

You can edit it, but be careful to not get too cute, the quality of your contract is the quality of your deal.2.

The JV agreement should make this clear.You may want to speak to an attorney and a CPA familiar with these transactions.

@Sephr BemanpourRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

I think you're absolutely right that I should speak with a CPA about the matter to get the authoritative answer.Quote from @Bob P.: Quote from @Felicia West: Hi there!  

Hi,How does one find "quality" equity investors for class B or C small multi-family real estate?

I recognize most accountability groups (exception for the one mentioned above) cost less than $40k (however the cost is annual, versus the mentorship/training is one time), but why is it ok to pay for an accountability group and not a mentorship/training assuming the mentorship/training is decent quality?