I may be putting an offer in by End of week if this deal looks sexy enough. 

It just sounds sexy because it appears to be "easy" i guess.  

But, I will say that "Maximis" is actually a very sexy spin on the name.

I should clarify, that is someone is holding it short term, they could have ordinary rates up to 39.6% plus the medicare surtax 3.8% and state rates up to ~13% = 56.4%Even held long term there could be depreciation recapture taxed up to 25% plus medicare surtax 3.8% and state rates into the teens(13%) = 41.8%  It can add up very quickly.

Sure, the returns are in the teens or lower.

I cant say how well it protects us since I haven't experienced any test of that but for a MF it made sense to do it that way and we were not able to get umbrella liability anyway due to the  teen drivers.

I can remember as a teen living in a basement apartment (my dad was a janitor and we lived in the basement apartment in one of the buildings he managed) and disposable diapers were just coming on the market...

Have cash on cash in the mid teens to start with quality tenants and the rest for reserves. 

I have a 1966 VW Microbus which I have hired-out ... along with one long-haired driver ... to teens for Prom night.  

yes because those stupid flipping shows make it look so easy/sexy.