Im looking at the lower streets the closer to downtown the better, Im looking for multi family basically something in a nicer area to develop a building for good rental returns...Do you have any good suggestion right around the half million mark, preferably with approved plansThanks!

@Mark Sewell  in the same boat with you.

@Mark, I'll definitely reach out to you or Seth as well.

@Mark S.Thanks!

@Mark ReitWouldn’t hurt to get that calculated and so fourth with your insurer .

For example, I would be interested in seeing discussion around this Mark Cuban CNBC post: https://www.cnbc.com/2018/08/13/mark-cuban-owns-ju...

They just don't get to claim the deferment for that tax year but they do get the benefit of the 10 year mark for the 1400z-2(c) Special Rules for investments held for at least 10 years. 

The reason that the opinions are 50/50 is because statistics show that about 50% of investors are using a LLC, 50% not.To me this would indicate that it is not necessary otherwise by now the number using a LLC would be approaching the 100% mark.

Either way, in order to get REFI and potentially take cash out now, before most bank's 6 or 12 month marks,  you'll need either a tenant in place or at least a letter of intent from a future tenant with a lease agreement and start date.  

Originally posted by @Mark Wood:Welcome!