I really don't want to just throw my hands up and "let the bank have it"... but the complexity of how to do otherwise (and potentially profit from it) is way beyond my expertise.Thanks again.

I've lived in large apartment complexes where management hired bug guys to come in and spray apartments every season.

I like street names a lot and if you have a large commercial, office or apartment complex the name could be something like 3401 Main Street LLC.Once we had a company that was named after Will Rodgers, who said "Buy land they're not making any more."

In most cases, residential does not have a complex income and expense line so to some extent creating separate accounts for each property to roll up into an LLC is more work that it is worth.

The best crime deterrent for an apartment complex is a well lit area at night.

I think by creating paper, Rick means originating complex mortgage notes.

I once got gap insurance for a condo complex elevator that was covered under a mechanical breakdown insurance policy with a very high deductible, but have not been able to locate any kind of gap insurance that covers the high deductibles on beach properties.

Depending on how you capitalized the assets in the first place, might create additional levels of complexity or simply a non-start.

Originally posted by John Jabson:I know the basics but that's it.So, again, you admit that you don't know very much about an exceedingly complex subject, and yet you are willing to draw broad conclusions related to it?

This is not the first apartment complex in the area to be built with these rates.