Hi @Namal BurmanMy name is Adam King, and while there is no official flow chart as every deal is different, There is an order of operations that I follow whenever I am looking for investment properties.

Many operators I know have full teams built out and spend all of their time on this.

Ask for the information and ask for proof and keep operating as normal.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

@Calvin Drake we own and operate 51 units in the Jacksonville area.

Added bonus would be being able to operate out of a savings account to allow some interest income on my reserves. 

I am confident in our model also because most bigger developers will pass on a 30-50 door apartment site because of their operational overhead is so high.

Unless companies set up new operations in the city creating replacement jobs, all that will remain are lower-paying service sector jobs.

This allows you to own/operate the multifamily (assuming you don't want to own the commercial) while potentially creating some value in the sale.

My str (owner operated) nets 12-15% of gross depending on yearly expenses.