At 2% Net Cap Rate - to make 100K a year - the property has to be ~5MM.And I'll need 25% of that as down payment - 1.25MMThat's not easy for me - nor very fruitful.So, I wonder whats the point of this.In contrast - if you look at flipping houses from a foreclosure - its not uncommon to see routine gains like 50K on a 500K asset.

We have tenants we gained with properties like that currently. 

Please keep us informed as to how this proceeds, I think many people will benefit from this story in the future.Michael

Can't see the benefit of using an LLC to invest in a crowdfunded deal.

He is actually a accountant and a lawyer so he benefits on how things work together.

Irvine has the benefit of some of the best schools and community programs, and it is always in demand for those very reasons.

@Ethan Epps you need to determine what it's worth to you (or what is costs you) monetarily if you can't gain access to begin to work your plan.  

When I took my tax returns to a CPA last year he filed them all as Capital Gains on a form 1040. 

We are also working on other deals together, so there are additional benefits to both of us.  

That way you avoid the capital gains taxes.