This isn't directed at you guys or anyone in particular but just an observation. 

Don't worry about it, just an observation on my part.

Winter is a very good time to observe the exterior side of the building envelope:  Are their ice dams or large icicles adorning the eaves?  

If more than 2 major banks collapse, the EU would likely step in with some sort of rescue package and infuse new capital to shore up the remaining banks.This still could be the first domino and is worth observing for our own lessons.Thanks for the questions.

So, with your first observation, you have to Plan to have a Team that you know and Trust in order to set up a Business using a block of apartments as your vehicle.

I have been watching the real estate market here and have made some interesting observations.

Compared to others on BP, I am by no means a seasoned investor, but I have done a few deals and am starting to swim in waters with other people who are making moves, so have been able to learn from my own experiences and mistakes, and observe those of others.

Yet they are worrying about things like; start an LLC or not, what tax structure to use, what logo to use, business cards,  stationary, do they need to get a separate phone for business, should they get an S-corp, will the be able to deduct part of their mortgage expenses for their home office etc. etc. etc.All of these can be valid questions, however from my observation all these details are often used as escapism for people who are, for some reason or another (fear mostly), not willing to commit and do some business (wholesaling, flipping, land-lording etc.).

The psychology that I have observed for some people doing the out of state investing is that they do not want to have to take credit for their failure. 

What are your observations in your area?