Purchase price: $17,100,000 Cash invested: $100,000 190 unit apartment complex in Mesquite, TX

Purchase price: $4,630,000 Cash invested: $125,000 56 unit apartment complex located next to Baylor University in Waco, TX.

Purchase price: $12,300,000 Cash invested: $30,000 168 unit apartment complex in Greenville, NC.

I'm currently navigating the complex process of finding a reputable asset protection attorney with expertise in real estate.

Here is what one of my 4 AIs say:The commission structure detailed in the image for a real estate transaction involving a property valued between $30M and $40M is as follows:Under $34,000,000: 1% (0.50% per side)$34,000,000 - $34,999,999: $400,000 ($200,000 per side)$35,000,000 and above: $500,000 ($250,000 per side)To evaluate whether these commissions are fair for a 112-unit apartment complex valued between $30M and $40M, let's compare them to typical real estate commission rates for large commercial properties:Typical Commission Rates:For commercial real estate transactions, commissions generally range from 1% to 3% for properties valued above $10M.

That being said, most lenders will require at least two years of W2 tax returns to verify income and assess risk when granting a loan, so acquiring finance may be complex. 

Purchase price: $9,850,000 Cash invested: $100,000 96 unit apartment complex located next to Baylor University in Waco, TX.

Being a landlord is far too complex, far too time consuming, and far too nuanced to do out of state even for many experienced investors, let alone just starting out.

Plan right now is to convert these rooms into micro apartment complex. 

Hi I own a rental apartment in an HOA complex that is rented out to a person who is part of state funded DDS program.