Why don't you do a search on "Morris Invest" in these forums and read about the nightmares he has created for every investor who has done business with him. 

Buying into an existing transaction that involves a disqualified party would not fit within that concept and would certainly create a self-dealing prohibited transaction. 

There are also 2/3 balconies attached to each floor/unit.The finished basement and 1st floor are open spaces right now with the potential to create 1-bedroom units.

A good one for starting out is Brandon turners “ The Book on Rental Property Investing: How to Create Wealth and Passive Income Through Smart Buy & Hold Real Estate Investing”.

Lowers my competition.Justin:Take a look at this Spreadsheet:What it seems like Gallinelli is saying is that you should create 2 different scenarios, one pessimistic (selling at a 9.5% Cap Rate) and one that's optimistic (selling at 8.5% Cap Rate).If I run the pessimistic numbers, the Selling price at the 9.5% Cap Rate in Year 5 would be Year 5 NOI / 9.5% = $152,605 / 9.5% = you would sell the building at $1.606 Million.

I have 2 scenarios coming up where I will need to do a commercial appraisal on some of my properties to utilize the equity that I've created. 

What I wrote above does not create an attorney/client relationship between us.

I've done it several times and it's created financial freedom for my family and I.

In California, the Realtors Association actually created an advisory form just for this reason: https://www.car.org/-/media/CAR/Documents/Transaction-Center/PDF/Standard-Forms/December-2017/WFA_12-17_Draft9.pdf?

What I wrote above does not create an attorney/client relationship between us.