We have a decent portfolio of duplexes and fourplexes, but recently committed to larger complexes and closed on a 202-unit last week.  

There isn't much you can't do with these two, besides complex scheduling and costing, and they are easy to format to your needs and preferences.”

The actual tax management process for a C Corp. is more complex but is much better than even most CPAs appreciate.

It may depend on where you start (buying a new place versus a real fixxer for example; with a bunch of problem tenants to cycle out or mostly vacant units); and the complexity of the property (an older multiplex with quirks takes longer than a newer condo for example)...There are some good past topics on "seasoning" of rentals generally on BP...

Cohen Highley, the firm that I mentioned, has a partner who specialises in complex cases, then some junior lawyers and then finally a group of paralegals who do most of the representation of clients at the Landlord and Tenant Board.

I know it is a very complex process, which is why it's so appealing to me.

The deal is my first 'investor group' MF purchase I have put together and gotten to close (came close a few months ago on an 80 unit complex but bailed after inspections).  

Hello BP,If I find a good deal on a large apartment complex, but don't have the money for the downpayment ($500-700k), what kind of product or offer can I structure to talk about with friends and family who might want to invest their money with better returns than saving/stock/ira?

There is huge supply and more coming every day in that space with all the new complexes being constructed.

@Jay Hinrichs   I am in total agreement that buy and resell is what all the regulators want.In Texas, the problem is a little more complex.