My partner and I are looking at a 128 unit complex that's made up of 8 16 unit buildings, with a average rent of $450. 

I just checked and we don't have those Hampton Bay cabinets at our Home Depot, but we are a border town, so I would have to see what the exchange would be to order a product like that and bring it over.

I ask because I came across a firm offering deals like this:Purchase, rehab and flip a distressed property, timeline 6-18 months.Minimum Investment $100,000Above $500,000 and an investor can appoint a member to the management boardMinimum asset price $1,000,000Management Fee: 2.5% of invested fundsManagement invests 10% alongside investorsDeveloper invests 10% alongside investorsSuccess fee of 50% on returns above 8%My main question is whether the 50% success fee on top of the management fee is highway robbery, or pretty standard on larger deals averaging 30%+ in such short timeframes?

At ~$1,000 a year in cash flow, don't you have a more productive use for your money?

Napkin math tells us: 200k = 1mil loan ammount300/door (average) you'd need about 16 doors at that, probably going to go over your 1 mil loan. 

The requirements of the safe harbor election for small taxpayers are: Average annual gross receipts of $10 million or less; andOwns or leases building property with an unadjusted basis of less than $1 million or less; andThe total amount paid during the taxable year for repairs, maintenance, improvements, or similar activities performed on such building property doesn't exceed the lesser of- Two percent of the unadjusted basis of the eligible building property; or$10,000 (for questions about how to calculate the unadjusted basis, refer to "Figuring the Unadjusted Basis of Your Property" in Publication 946You make the election to use the safe harbor for each taxable year in which qualifying amounts are incurred.

Hello was wondering has anyone had any dealings or purchased any product from Josh Cantwell/Billy Vaughn?

2) Those of you who hire it out, what is your average cleaning cost for turnover?

Though I thought selling a tangible product (real estate) was much easier that something intangible (stocks, mutual funds, etc.).

Even if they institute their new 1.2%/yr funder's fee as filed with the SEC this month, the max that would generate is another $600k. (1.2% of $50mil)Assuming the average GF loan size is $150k, the most the company could offer as a Tier II would be about 333 loans/year or 27 loans/month. ($50mil / $150k) GF currently is offering around 20 loans/month so they can certainly reach their legal max in short order.