Material participation is critical if you have decent w2 income.

I'm talking to the seller's broker, but I would like to find my own people to assist with the due diligence period, such as an SBA loan broker, an accountant with experience doing QoE for this kind of transaction, and a lawyer.

Any information on the best way to go about acquiring the property would be greatly appreciated.

@Foley SchmidtWelcome to the community and be ready for a huge amount of information at your finger tips.

I'm a local investor in Saskatoon and would be happy to connect and give you a local lense on this market or even feedback on properties you are eyeing up.

This is a decent list, but it doesn't matter.

Quote from @Wilson Pereira De Oliveira: I didn't know about this rent control limits in Berkeley.

Is this a syndication type investment?

If you know of a reputable foundation repair company @ $175 - $200 per pier, I would welcome receipt of the company name and contact information.

We are seeking investment in this area as it is near family and our anticipated retirement.