My guess is the developer owners have expertise, are satisfied with the current situation and are not motivated, if they were it would be for sale.

If on the other hand you're looking to do that as a business model, then you want to do all the due diligence I've outlined before, and build a strong team.

If you're thinking about taxes, talk to a local tax advisor after you develop your investing model to find the best strategy.

So over time, I hope to be able to give back and help others in the BP community with my areas of expertise. :-)Thank you all for what you guys do!

He's bringing all the expertise.

Hello BP, I am currently building a business model and researching types of organizational structures and their implications to real estate, the question is what business structure do you use and why?

Don't get stuck into one Guru's model. 

Might be better to get a little more sophisticated with your model, to ferret deals that may not hit the 2% rule but are actually better.Would you rather a $30k place that rented for $600 per month, or a $150k place that rents for $2300?  

When I replaced mine - I went with exact same brand and tank size but a high efficiency model - measured to make sure same height - Handyman was installing - of course it didn't fit through the door where the old water heater was.High efficiency one had more insulation and about 3 inches wider.  

It is a bit ago though and they may have improved.If you decide on the combo I would want to talk to someone who uses the model you choose or similar. read online reviews from real people.