I go with the other.Just a few, but should help you get a more rounded picture on two areas that are exhibiting similar numbers in other ways.

However, I've watched historically important cars (vintage racing Ferraris, for example) be restored from a heap of burnt tubing, with a good serial number, to a gleaming jewel worthy of exhibiting or historic racing...at a cost of $1MM +.

Notwithstanding anything in this Operating Agreement to the contrary, the non-managing Members identified on Exhibit A as “entitled to preferred returns” shall be entitled to an 8% preferred return on their invested capital beginning January, 2016, and each year thereafter.

When we went take one last look at the property before acquisition, we noticed the deck still exhibited the same safety concerns as before.  

First off, the trust certification must have the name of the trustee, the name of the trust, tax identification number, the settlor of the trust, and the legal description of the property (usually an attached exhibit).With that said, a buyer can simply check title to see that the trust on title matches the docs presented by the seller (wholesaler).The info provided by another stating that "nothing is filed with the state" is incorrect, as the EIN number and the recorded grant deed are both filed with state/federal governments.

You should cluster your purchases in a very small area that exhibits traits of defensible space (such as well lit houses w/ good viewpoints of the street, close proximity to busy shops, etc), maybe a couple of streets or a small neighborhod, and also rehab them in a way that will increase these traits (add lights, add white picket fence or hedge to separate public from private, fix sidewalks), and hopefully in the end you will have a group of homeowners who feel safe and care about what happens to their street.

That is where the doctor and testing hopefully can pin point the cause.In the case of a building, a structural engineer may be able to help you out if you or your inspector suspect that there may be a structural defect.I would suggest that you have an experienced investor friendly structural engineer on your team to help you diagnose possible structural defects that you may suspect.This may sound like a lot but from my experience, most single and multi-family residences do not exhibit symptoms of structural distress.If you do find a property that you are interested in and it appears to have some hidden defects, this may be a great opportunity to negotiate a good deal.

Thanks in advance,David StoneElma, WAAddendum to contract:  Mold and Moisture Disclosure Statement(This is the addendum to the rental agreement that they sign) ADDENDUM TO RESIDENTIAL LEASE AGREEMENT(Mold/Moisture Disclosure Statement)EXHIBIT A <INSERT> <INSERT> 592 SW ADDRESS <INSERT> 14 This addendum to the Residential Lease Agreement is made and entered into this ______ day of ___________________, 20__, between DAVID C STONE(Landlord) and ______________________________________________ (Tenant) pertaining to the premises located at ______________________________________________, State of WASHINGTON, county of MASON.

Each Article spells out the specifics and we focused on II, III, IV, V, VI, IX as they were the most important for us.Article I - Company FormationArticle II - Management (covers who/what/when/where/why)Article III - MembersArticle IV - Voting Rights & Meetings of MembersArticle V - Profits, Losses, and AccountingsArticle VI - Members InterestArticle VII - DefaultArticle VIII - Dissolution and TerminationArticle IX - LiquidationArticle X - Amendment of this AgreementArticle XI - MiscellaneousWe have a signature page(s) with Titles (Members just say Member while the Managing Member says Member Manager).We have 3 exhibits that are applicable to our set up.

I must confess I was in the same camp of@Tony Kim, but lately as @Kyle Kadish said, there is a new breed of DST that is exhibiting lower fees and higher IRRs based on exit strategy.It really is interesting to stack up a DST with an honest exit with a typical syndication fee for fee.