There is a clear bifurcation in Cap rates between infill, stabilized assets (7%) to properties that are located in tertiary markets or those assets that are still in a lease-up (<70% physical occupancy).

I tried calling around the respective govt bodies, but wasn’t able to get clarity on whether out-of-state investors can setup such a facility.

Initial Investment Length of Investment (Years) Shares Class A Preferred Return % LP Profit Split Class A Waterfall (Y/N) Waterfall Details Reinvest Earnings Option (Y/N) Physical Real Estate or Note Only Refinance Projection (Year) K1 Loss (Y/N) Yearly Interest Earnings Performance Average Annual Return IRR Refinance Return of Initial Investment Year 1 Tax Loss Effect Net Return (by Year) Total Return on Initial Investment

If your property is physically in the US, it is really easy for a US jurisdiction to directly assert control over it without bothering with your offshore entities...

@Jack Anderson - I also agree with the other folks - you need a real estate focused CPA that really understands these issues and the subtle nuances involved in all of those different areas.Many CPAs are able to serve you virtually and you'll want to make sure you consider that as the talent you need is probably more important than that person's physical location.Best of luck to you!

If you are offering some on site services you will need to be located physically where you are managing, as we are. 

You'll need to provide Entity Docs for each LLC that is a part of the transaction so that the underwriters can review them all the way down to the natural individuals/warm bodies. 

I only had 5 days to prepare and learned that if I fought it and lost that if I wasn't out 5 days after the judgement the sheriff would physically remove me.

However, (personal opinion) I do believe that the Beltline represents a real, physical asset that will help values stay strong in the long term (assuming you don’t overpay).

But in general, the physical asset, the finances associated with the asset, and the location of the asset are a great place to start when evaluating a property.Good luck!