@Gabe Bouldien@Chris Seveney and @Doug Smith are mostly on target, but there may be a small window of opportunity.Any contributions you make to a current employer plan will be locked into that plan.You may, however, be eligible for an "in-service" distribution based on the language in your plan document.  

Tenants save money when using a shared meter, so there's plenty of room for error when calculating how to distribute the charges.

And I wonder how some of the other guys that have monster followings and clubs how they do it I find it hard to fathom they just do as a social give back lots of work to suss out top flight syndicators and we are seeing this play out today as we see comments of deals going to foreclosure or back to bank deed in lu or pause distribution or cap calls..

I have a partner in New York who will build it all cash, my GC fee I take $25k that I'm putting into the equity stack so we build at cost because they are building all cash and I'm a 35% partner based on deferred GC fee and cash and license as an agent to push the distribution higher.

These forums are littered with tales of distributions being paused and entire investments lost at various syndicators.

Roth IRA distributions will be tax free. 

So if you are creating your own platform, you may have to go through some hurdles to make sure it complies with all FINRA regulations.They most likely will also require an escrow agent to distribute funds.  

.- As far as the fees go, UW fees are usually a standard but again, the origination is derived from the loan amount so some institutions who are charged borrower paid may hit you with a 3% fee.- Not saying it is an industry standard to charge 16% in closing costs but it once you add up all of your prepaids, other costs, and unfinanced fees its not completely unheard of.In the end, yes - always get a second opinion.

Asset management is not top focus for those that are very busy at closing the next deal.For new investors: For example, a $50Mil deal can be configured to pay $1 Million (or more) day one, get poor AM, pay no distributions, forced fire sale year 3, and pay another $1 Million in disposition to GPs.

@Chris Seveney, as I am continuing to learn, I would not totally rely on audited financials, UNLESS, the audit goes all the way down to the property entities themselves and are auditing the cash flows from tenant payment through to full investment level, including owner contributions and distributions.