So that the tenant rent is providing a larger amount of return of capital. 

There is a catch - the couple wants to 1031 the funds into their sons next larger project which is TBD.

While adding compliance costs (filings, payroll), this structure is beneficial, especially for larger portfolios.This post does not create a CPA-Client relationship.

For the first time in years I’ve noticed many of the larger apartment complexes even offering the first month free to fill vacant units, so it’s clear that demand is down.

If they can build a larger home and sell it for the same or more rather then building a couple small homes why do it?

Scotia Bank in Costa Rica will allow you to open up an larger account as 'business owner' if you own your properties in an LLC but the process of opening an account is much more difficult. 

I just feel like you’d be way better off joining one of the larger multifamily networks that has actual resources and successful students.I really truly believe that Ryan and Tyler started off with good intentions, but I feel they saw how much money they can make off of tuition and have made a ton of promises that they haven’t kept.

There are new construction homes about 2-3 miles away going for 190-200,000 but I think they may be a bit larger than what I am building.

Someone has to have a 60" or larger TV they would be willing to move once a month!

I’ll continue to follow you, sending you good energy and best wishes.