By trap I mean either you get into a house that isn't what it was proposed to be or you get in bed with people (your network) that do not have your best interest at heart and are feeding you lines of bs as they never come through for you. 

Chris,For the large multi family investments, I want to see the deal pack first so I can screen for location, project class, projected cash on cash and IRR, and proposed value add method. 

There are other considerations that may still make it impossible to permit the construction of the building even  if the by-right use permit is obtained and its important to have an architect closely examine how the proposed floor plans will layout to confirm egress &  bedroom windows + localized zoning overlays along with a  number of other factors.

I read through your posts and it shows a true lack of understanding of asset protection and the rationale for forming any of the structures you proposed.

Tax Court released Summary Opinion 2017-31 in May 2017, concluding that a county assessor’s allocation to land and improvement values was more reliable than the taxpayer’s proposed values.

Further legislation continues to impact residential RE investments.  

While there are at least 5 other areas that could be a launchpad for a project of this magnitude; XAi, BlueOval(Ford) and major zoning proposals changes to increase density, specifically.

I strongly believe that legislation should be introduced to prohibit property wholesaling and also prevent double closings unless it can be demonstrated that the property's value has been substantially improved.  

Hi! I'm scaling into a commercial property and starting a boutique hotel. Currently, I'm looking at $2.5M all-in for building purchase, renovations, and business start up. My financial models are showing a roughly $25...

So, what you propose doesn't work in a world we live in.