The federal government could use it's special zoning-exempt status to build the housing we need quickly within existing cities. 

Challenge is, finding a PMC that meets your expectations and is organized well enough to consistently deliver.Read on for our copy & paste advice about screening PMCs:-----------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Others meet at events, RE meetups, or even through social media—whatever feels most natural.3️⃣ Vetting: Vetting is crucial.

She is exactly as she is on social media and even more impressive in person because there is no room for BS in what she says.

But his website is a complete mess and hasn't worked correctly in almost 2 years so it's impossible to find the status of your investments.

It's essential that any such allocations are supported by actual economic arrangements, not just for tax purposes.As for compensation, it’s theoretically possible to negotiate a different economic arrangement within a syndication if another investor finds the depreciation valuable and you don't need it due to the tax-exempt status of your Roth IRA.

Sometimes approval or confirmation from the LAHD (Los Angeles Housing Department) which would be a document you submit confirming the exemption status of the new units.

., with a diversified economy and a strong job market.Opportunities: Multifamily developments, long-term rental properties, and flipping projects.Houston:Reason: Known for its oil industry, Houston has diversified its economy into technology, healthcare, and manufacturing.Opportunities: Commercial and industrial real estate investments, as well as residential projects.San Antonio:Reason: It's experiencing continuous infrastructure growth and is more affordable compared to Austin and Dallas.Opportunities: Affordable housing and expanding development projects.In Florida:Orlando:Reason: Orlando’s tourism industry continues to drive growth, alongside its rising status as a tech and medical hub.Opportunities: Short-term rental properties, multifamily developments, and new residential construction.Tampa Bay:Reason: Tampa is experiencing a population boom and is considered one of the best places for job growth in Florida.Opportunities: Waterfront properties, new housing developments, and commercial real estate.Miami:Reason: As an international business hub, Miami is attractive to both investors and high-net-worth individuals looking for luxury real estate.Opportunities: High-end residential and commercial properties, luxury condos, and fix & flip projects.Sarasota:Reason: Known for its beaches and quality of life, Sarasota attracts retirees and families, boosting its real estate market.Opportunities: Residential developments, vacation rentals, and waterfront properties.

Tbh, in today's market, folks want to have a personal connection or at least know the person behind the company so having a great social media presence will work as well. 

In our case they'll have it cleaned up within the next year or two, so the timing worked out well.REPS status alone is not substantial a risk of being audited.