Construction Quality is key, there are some that are really basic, minimum code spec, and others that are quite high end, where it was built, on site or in a building and moved is not as important as materials and practices.

I've heard the rumblings of several states pushing for time limitations and out-right disregard for history but hadn't heard of anyone pulling the trigger (pun intended) quite yet.I would be happy to share our published rental application standards (defined for central Iowa, reviewed and approved by local real estate attornies) if anyone is in need.

I was targeting a 20/80 GP/LP with a 12-13% IRR with a 2 hurdles +14% IRR GP/LP goes to 30/70 +15.5% IRR GP/LP goes to 40/60.These will be usually 25 to 50 unit infill multifamily deals usually townhomes or apartments I would love the feedback  Hi Ken, coming from a drunk sloth level passive LP perspective, you have a fair approach, however the projected IRR is lower than most current offers out there so may be difficult to market to cursory investors, but your 80/20 is quite reasonable compared to most others.

Divorce can be tough, and dealing with the financial aspects of it, especially when it comes to real estate, can be quite a challenge.

Initially, I started with a project called Dealsletter, which has grown quite well and has received positive feedback from the real estate investing community.

Property 2 does not have enough room to refi and your rate would increase quite a bit.

I wasn’t quite sure on the 1031 if I did the rebuild and waited a year or two to qualify for the accelerated depreciation while still under the 1031.

If he does move out and has been there for 24 years, my guess is you are going to have quite a few expenses (ie new flooring throughout, paint and possibly updates-countertops, etc) just from normal wear and tear. 

Quit crying about someone willing to give you thousands of dollars per month.

Quit your job and take this on.