I am not a sophisticated owner, and get quotes to keep folks honest.

Or, click on the "Advanced Reply" for a more sophisticated editing screen.

@Sanjay Sharma do you know if you have accredited or sophisticated investor starus ?

(Just an FYI: most sophisticated CPA firms (i.e.not turbotax or H&R block) have audit risk software that basically calculates your chances of being audited based on the tax stances you take so another good reason to invest in a good CPA)

If you want to get really sophisticated, you also implement a floor based on the depreciation of your assets on a per/stay or per/night basis.

That alone might solve the perception that inflation is still rampant.

It shows sophistication and even if the property isn’t for sale, chances are they have other properties they’d be willing to part with.

I would instead prefer to have my LLC on the mortgage and use LPs as I see fit while maintaining the perception from the seller's standpoint that I am the only new owner.How would each of you handle this situation?

I would instead prefer to have my LLC on the mortgage and use LPs as I see fit while maintaining the perception from the seller's standpoint that I am the only new owner.How would each of you handle this situation?

@Bruce Lynn To most people on this thread I would say if you have at least $25k & our at least a sophisticated investor & have 5 years or longer why not consider two things, syndications in mobile homes or multifamily & investing in straight rentals in Oklahoma & Kansas for straight cash flow & high cap rate operating aka above 7%!