@Kurt Jonesok so here is the numbers from the OM that the broker furnished to me: ESTIMATED LENDER ACQUISITION COST:List price: $1,175,000 ( @ 28 units = $41,964 per site)Buyer requesting Down Payment of 30% = $352,500Projected Lender Financing: $792,500 @ 5% FIXED 30 year AMORT with a 10 year DUEINCOME, EXPENSES & CASH FLOW:Actual 2016 Gross: $212,752Actual 2016 Expenses: $95,915 (45%)Actual 2016 NOI: $116,837Projected Lender Debt Service: $57,494Projected Net Cash Flow: $59,343FINANCIAL INDICATORS:Cap Rate: 9.16%Projected Total Cash Return: 18.96%PROPERTY DETAILS:All age park28 Homesites# of Park Owned Homes: 28 (100%)Occupancy: 100%Utility Reimbursements: NO2016 INCOME AND EXPENSE ANALYSIS:Total Net Rent: $212,752Total Operating Income: 212,752Real Estate Taxes: 4,054Property Insurance: 5,524Utilities ( all lumped into one total, broker and/or seller did not offer it broken down individually ..yet): 30,658 Payroll & Benefits: 26,225Maintenance & Repairs: 2,058Administrative/ Office: $26,668Advertising & Promotion: 728Total Operating Expenses (45%): $95,915--------------------------------------------------------------------------------------Net Operating Income: $116,837The screen shot copy of the rent roll excel sheet i am waiting on further explanation from broker in order to determine how to interpret all the acronyms that the seller put in it so i can begin to figure out the rent roll for that month.

The gotchya is that they limit employer funding to 25% of the income, which means, to meet the 55k limit you have to exceed the FICA income limit (go figure) and pay maximum payroll taxes. 

then you will have the cash to complete the exchange.1031 exchanges are the tool to continue to defer the tax on your gain and to transition into passive assets until you pass the asset at death at a step up basis and the tax disappears for your heirs.Installment sales will allow you to slow down the recognition of gain but not defer indefinitely.It's difficult to mix the two but can be done with some sophisticated planning and some outside resources.

I also have started using Zelle for some of my more sophisticated tenants.

Maybe, the law or rule makers thought that anybody that didn't have money needed protection against getting themselves into sophisticated investments and losing it all.

Depending on the investor's net worth, they may be required to meet the requirements of a sophisticated investor as defined by law in order to participate in your offering.

I am a sophisticated investor, as I have been investing since the early 70s.

David, We are NOT a Crowdfunding site but hope this is helpful and offers you an alternate option.Syndicators that use a 506B SEC Exemption and allow sophisticated investors into their syndication after establishing the proper relationship as 506B Exemptions require having a substantive preexisting relationship before you can co-invest/co-own with the syndication team.

What about all the unknowns that pop up and throw a curve ball at the most sophisticated & experienced investors.

Tax specific questions are determined on the nature of the project and the sophistication of the Sponsor.