Although things will change this year, between HELOCs, 1031 Exchanges, and a Business Partnership, I'm up to 15 doors (including my personal residence) and I haven't done a down payment since 2015.

This would be an opportunity to discuss deferred payments and a 5 year balloon. 

@Martin Manning To add onto what others have shared, in the most simplistic terms, apartment complex values are based on Net Operating Income, or NOI, and the cap rate.Price = NOI / Cap RateSo, if an apartment complex has an NOI of $100,000 and a market cap rate of 10%, the value is $1,000,000.Listing agents for complexes love to price based on a pro-forma, which is utter nonsense (unless you're in Austin, in which case apartment complexes apparently have floors made of gold).

Hey Pradeep, Both a standard TN LLC and a series LLC can serve to hold properties, but they each come with distinct considerations.

It’s a faster path to big returns if you crack it.Why Choose It: Economies of scale, higher income potential, and a single asset to focus on.

I have 2 people that I sometimes partner with on real estate deals.I use a CPA because I have a number of rentals and a few LLCs.

“Broker” is a legal term that often requires standardized coursework and a state license. 

I continue to look in the Brevard area of Florida - As far as north as Titusville/Cocoa and as far south as Sebastien. 

I was thinking of giving him 3 options.Option 1: He switches to a month to month lease changing to a weekly rent rather than monthly, the new lease will have different rules (ex. such as agreeing to a cleaning schedule and a liter schedule or trash needs to be picked up and placed in a trash can every 12 hours, human waste can not be stored in containers)Option 2: He moves out at the end of March, I keep the security deposit as rent and he does not have to pay February's rent and late fees.Option 3: I'll give him $400 to move out 3 days after we have this discussion.Thank you for any suggestions, I would like to handle this delicately as I don't want a squatter living with me.

It requires hard work, strategy, and a willingness to take on projects others might overlook.