I heard a story today of a condo owner whose entire complex was lost.

Lots of $30000 dreams sold.   

Get out of your comfort zone.

Lots of posts on different companies so be sure to check out what people have said about vendors you are considering doing business with.

Large deposits are nice, but very difficult to actually get access to escrow funds in the event of default.

Class A- Brand New buildings with lots of amenities, good infrastructure & locationClass B- Building are usually older; priced less than Class A & need some updates/restorationClass C- Oldest buildings (20+ years); need significant maintenance; less attractive locationsWhere things become subjective is an older building located in a neighborhood that's changing for the better. 

Lots of leg work, calls and emails, but if you can find a few deals that could get you started with enough capital to get into your first deal on your own.

What type of funding are you using?

Many of our borrowers/clients have one LLC that owns the building and another than own the operating business.

Cost segregation can be a complicated topic, but I tried to break it down and make it easy to understand!Here is a newly created resource on BiggerPockets, which touches out cost segregation, accelerated depreciation,...