I recommend catering to sophisticated investors who will be there during all market conditions (and will still have deep pockets when there is blood in the streets). 

.* Most parking owners are sophisticated.

Yes, some employers who received forgivable government loans were able to keep their workers on the payroll, but most firms simply let them go during lockdown.

@Conor FreemanOn my latest acquisition, Freddie added in a $15,000 a year payroll expense on a 43 unit deal where there was no payroll.

For larger deals (50-200 units), you will be looking bigger pots of money and more sophisticated investors, such as equity partnerships, syndication, non-recourse financing from institutional lenders.SCALING: Obviously, you know some things about land lording which would apply to smaller 2-4 units, but when you get over 20 units in one place that's a whole different ball of wax as you will be handling daily maintenance calls, snow plowing (I hear even TX gets ice and snow....too soon?)

He did a good job and I cannot expect all small contractors to be sophisticated with fancy invoices.Before I submit it to the insurance, I wanted to check with you all.

The entire software is geared toward making your relationships easier to manage and offering investors a sophisticated yet simple interface to keep track of their investments.

One state I’m looking out will allow this while the other seems like there is a clause stating the deed doesn’t exist if it’s not recorded within a year.Subject too can work, I would just have to work with a more sophisticated partner or explain it very clearly to a less sophisticated partner.My ideal option is I can just have the person go and get the loan and then quit claim deed right after or both of us can be on title and our JV agreement will dictate the percentage of ownership I just want to see if this is possible or not

I've had a number of enquiries via my site by people who'd like to invest in one of our syndication deals, but can't due to either not being accredited, or the majority of the deals being open to accredited, not sophisticated investors.I'd just like to reiterate that for those who are keen to invest in multifamilies, if they don't meet the income requirements, they can become accredited by taking the Series 65 exam, which doesn't require registration/sponsorship under a broker/dealer.

You may need a mentor if you want to do something sophisticated in real estate.