You'll make a much healthier return on your investment that way.If you simply want to buy a home and rent it out longterm, Elk Grove and Roseville are both considered more high-end suburbs and have appreciated significantly over the last decade.

You could overwhelm your tax assessor with love by simply filing an appeal every year.

I think the offering would have died in the lobby floor if attempted as equity.

I'm not sophisticated as Dan, but if you simply do the straight math, it may be close to 10 years before you break even on $190k. 

If I had been tracking the assets via accounting, I would simply make a journal entry showing the LLC's assets and liabilities going to zero and transferring them to the Holding LLC or the LLC Members.

Some buy to park money, others do 1031 exchanges or they simply buy them for a tax write-off. 

Who noted that we simply have a porous basement wall, like every other basement wall from that time period.

AS Much as anything most folks in RE in that area simply rely  totally on them ..

There are simply too many people looking for a deal that they can find on the market and walk into cash flow with long term rentals.

In the current market, it's pretty much impossible to have any positive cash flow in the 2-4 unit space with long term rentals, unless you're putting ~40-50% down, not only focused on the cash flow per se, but rather simply not being in the negative.