My only concern now is to figure out the regulations for the historical places..

No zoning concerns in this location.

I also am not real concerned with making money right now.

An annual election is not a change in method of accounting.

Have a question concerning a deal structure and vale of a fourplex I am looking at.  

From Form 253G2, Filed with the SEC  03-30-2018:Risks Related to Investing in Groundfloor Common StockOur auditor has expressed substantial doubt about our ability to continue as a going concern.Our consolidated financial statements for the years ended December 31, 2017 and 2016 include a going concern note from our auditors.

I hadn't concerned just trying to buy everyone out. 

My question for investors in high real estate tax states such as New York, New Jersey, are you concerned what your real estate taxes will look like in 5-10 years?

I have not done a full analysis of each rental to see what the deferred maintenance is as I figured that would be after I am in contract with the seller.One item that concerns me is that I am coming up with an actual expense ratio of 55-60% instead of following closer to the 50% rule.

I am concerned about us being pre approved (low credit scores) to purchase a multifamily and do a traditional bank loan, or likely a rehab loan as most of the multi families in our area are in need of updates, and more expensive than a property we could find to Fix and Flip.