As a beginner I imagine to deffer sophisticated structure like Family Limited Parthership.Will do that later.I am based in Poland and here I live and work but remotely processing Residential deals for two purposes: Flips and Lease to own.Any advise is much welcome👏Adam

My sophisticated emotional acumen provides me with explicit insight on my clients needs and wants, and my insatiable appetite for all things Music City keeps my finger on the pulse of our expanding urban core.

I didn't view the seller as highly sophisticated and wanted to verify his financials.

Payroll, overhead and taxes just to name a few.

A more sophisticated way is a laddered income approach that combines fixed income sources like annuities and social security, followed by things like rental income which is somewhat predictable and not tied as much to volatile markets, dividends, bonds and then equity withdrawals.

@John Hagen I have done a bunch of sophisticated TIC structured acquisitions of multifamily apartments with third party investor entities that 1031 their equity into the deal. 

He seemed to not be very sophisticated and did not know much about the house. 

Once you start to scale up, then it makes sense to invest in a more sophisticated software.Congrats on the first purchase!

I still have to list all of my product on MLS no way it would sell fast enough with us just doing our facebook thing.. a lot of it is the sophistication of our buyers.. these are first time or one move up at the 400 to 550k mark here in Oregon and or Charleston were I am active.

It's pretty crazy seeing so many 6.5% cap offerings that are actually 5% cap or less at current pricing because they are missing a lot of expenses or trying to get by with half the payroll necessary to run a property of a decent size.