As the wife is from Bilbao.The rental ball game in Spain is pretty poor.

I would probably say 506b operators are more experienced as 506c operators can advertise and that’s the guru / marketing route of operators with no experience - let me just whip of some videos and market this thing and figure it out.506b needs the relationships as they cannot advertiseNow as a GP I prefer 506c over b all day long, but as I mentioned above- I agree that no correlation

But fear not, my fellow investors, because these issues are slowly but surely getting better, and with the simple diligence of keeping an eye on those sneaky property taxes, along with the ever-increasing insurance costs, you will do great.Speaking of golden opportunities, the MHC market has become more institutional, meaning more opportunities for those of us with a keen eye for quality investments.

An excel spreadsheet is going to be your best friend (well that and a crystal ball).  

Thank you Gino, it sounds like I should look into it further and get the ball rolling.  

And is low balling being used, because you know at certain times it's a waste of time due to high demand for that asset.So I kind of spoke about this in a cloudy manner because I approach it non methodically, and try to maintain flexibility.

In either case from my perspective it is closed (meaning the ball would be in her court).  

Meanwhile, "scamming people" seems to be the "new norm" for those who are to foolish to "live by the Golden Rule..."

@Samuel Pavlovcik - Golden nuggets for all of us chicago real estate investors. 

It has been my experience, however, that the underwriters tend to low-ball that 75% figure.