GP make bit of money from waterfall that makes them can get some moneys LOLIt is like what our friend says, all the risk goes to LP, with minimum risk to the GP after the goverment intentionally trying to screw the economy LOLActually it get's even "darker" then that.

I recently found myself struggling to even find a podcast to listen to, none sounded like anything that would serve me in my current state of mind, (out side of BP On the market, let's be honest that's the only reason i have any idea what's going on at a macro level with the economy at all, so anytime a new episode is out there its a listing immediately).  

You live in one of the best cash-flowing-yet-still-appreciating states in the nation, near two of the some of the best growing economies (Cincinnati and Columbus).

Nobody with a 3% rate would sell (unless the economy forces them) and jump into a 6%+ rate. 

Economy weaker than you thought?

If so you should have a somewhat good understanding of what neighborhoods do and don’t have potential, start with the best neighborhood you can afford find the worst property in that neighborhood, that way you know you’re buying in a place where the economy is at least relatively stable and appreciation will be more likely!

I am sure most real estate investors are not even familiar with what I am talking about, but the economy is a global economy and Multifamily investing is a tiny component too things and how immigration, inflation and other factors are handled will also have significant impacts that we just have no idea. 

Good timber does not grow with ease, The stronger wind, the stronger trees--hang in there Joe.Good Luck!

I'm sticking to what I know during this economy, which is LTRs.

We're trying to decide between forming the LLC in Ohio or Wyoming.We've heard Wyoming offers stronger anonymity with lower costs, while Ohio might provide specific benefits for in-state real estate.Can someone please elaborate on the advantages and disadvantages of each state for our situation?