If you have any specific questions or experiences to share, I’d love to hear them!

Out of curiosity why did you decide to go with this specific layout? 

This representation is crucial if you're ever audited.Regarding whether to hire a CPA versus just a tax preparer: Real estate tax is highly specialized, with numerous code sections and rules specific to the field.

If you haven't already, I would try one of the major commercial brokers in that market who deal specifically with that type of asset.It seems like a really good location as well.

You can offer a payment plan, but I wouldn't stretch it out more than six months.3.

State-Specific LLC Requirements: Each state has different requirements for forming and maintaining an LLC.

There was one instance discussed in the forums with a syndicator called Norada (you can search the forums for that name) where they not only stopped paying dividends, but also converted everyone’s capital to an equity position - which is code for “We don’t plan to give your money back unless we can survive to eventually sell the building.”  

Hi @Tyler Carter - Program guidelines can differ, and though many programs are similar in what they offer, knowing your specific implications in a deal can help pinpoint the right program.

When I will be renting a room or basement in my house (that I will be buying as primary residence), I’m planning for the roommate to just zell me the monthly rent directly to my back account.

In an urban market, level of finish and proximity to an attraction or location contribute significantly to demand for a specific home.