What I would tell you is that as we built our portfolio we continued working our full time corporate (cubicle) jobs until we had 20 units (self-managing them along the way).

After looking into it more, I'm concerned about potential tax implications and legal issues, such as piercing the corporate veil.

land in the path of progress one just needs to read the comp plan from the county and figure out where the county staff and politics wants the city to grow and buy ahead of it.. but how many BP members even know what a comp plan is.. this is not real tough its public knowledge that is available to any citizen.

They actually failed to pay taxes in 1983 as well according to the follow up article below. 2 years later in 2017 the County reversed the sale voting 7-4 against “these out of town speculators trying to make a big payday” and for the fine people of their district. https://www.sfgate.com/politics/article/SF-supervisors-to-vo...

When investing OOS, consider targeting markets with major corporate relocations and expansions.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

(Some have argued that the actions of the Obama administration were illegal taking.)The main problem with having it controlled by the government is that it has been, and will continue to be used for political purposes, right or left, depending on the administration.I'd rather see it outside government control.

Maybe a corporate group looking to house multiple workers like for construction or power projects. 

In politics, it's called "oppo research" ;-)

I have spent 20 years climbing the ladder working for global corporations and that tends to always keep you challenged.