Ok, so not God (please, please, please don't strike me down Lord!).

I'm an agent, but I also have an agent - we've worked together for 6+ years and he knows what kind of properties will strike my interest and which ones I won't bother with.

I'm currently a superintendent for a SFH company and I’m looking to strike out on my own and build a mixture of 10-20 infill spec townhomes and duplexes a year.

Any assets distributedin kind shall be subject to all agreements relating thereto that, bythe terms thereof, survive the termination of the Limited LiabilityCompany.12.03- DeficitCapital Account Balance.The Members shall have no liability to the Limited Liability Company,to the other Members, or to the creditors of the Limited LiabilityCompany on account of any deficit balance in such Member's CapitalAccount Balance except to the extent such deficit arises from thefailure of the Member to contribute the full amount of its CapitalContribution.ARTICLE XIIIMISCELLANEOUS13.01- Notices.Any notice, offer, consent or other communication required orpermitted to be given or made hereunder shall be in writing and,except for reports required by Article X hereto (which reports shallbe deemed to have been sufficiently given or made when mailed byfirst‑class mail, postage prepaid), shall be deemed to havebeen sufficiently given or made when delivered personally to theparty (or an officer of the party) to whom the same is directed, or(except in the event of a mail strike) five days after being mailedby first‑class mail, postage prepaid, if to the LimitedLiability Company to or if to the Manager or a Member, to theaddress set forth in the records of the Limited Liability Company, asamended from time to time.

Here's hoping we can both strike the right balance to continue growing our portfolios!

One thing strikes me - The assessor's value was for building only which is the depreciable portion of your property.  

There’s no rush, though—the best move is to seriously watch the market and strike when you see the right house.

What you are suggesting above strikes me as an audit flag from the IRS.Good Luck!

The idea of point-and-click investing doesn't strike me as the best approach. 

I feel the pension an medical benefits allow me to take more risks with real estate and provide me with a back stop if catastrophe would strike.