I know great deals aren't found very often on the MLS but every once in a while you get that diamond in the rough.

Investments aren't like our spouses.

Don't contact them until you know exactly what you are looking for so they know you are serious and you aren't wasting their time.

Based on that experience, I would go out on a limb to guess that most of the concern is a result of either the bank being uncomfortable with lending to an LP if they aren't well-versed in it and thus cannot confidently assess the risk, or (2) banks want personal guarantees from limited or general partners as the investment vehicle is generally single-purpose and would be hard to recover against.

Even if you aren't connected, but have advice on a lead, I would love to hear from you.Thanks,Mark

They aren't going after you typical wholesale deals, more so retail who doesn't want to go through the selling process.

But for cash flow purposes, which is what most people would look at in the context you're bringing it up in, then 146 doors sounds about right.Unfortunately you aren't likely going to get $200/door in LA or anywhere near it.

Do not hold the unit for anybody...... if they want it that bad they are going to have to sign the lease, pay the deposit, first month rent etc etc etc, and just have to suck it up having 2 places rented at the same timeOnly other option, is a non-refundable deposit of one months rent.... so when they bail at the last minute, you aren't out that months rent.....Otherwise....no way...... why would you want to lose $$ to hold it for someone that has zero commitment to actually following up on their end of the deal?

AC issues are urgent....but rarely emergency situations.... there is a BIG difference.The "someone could die" is a pretty extreme scenario....... the only people that are truly at risk are the very elderly or young that aren't capable of taking some basic precautionary measures.

If you aren't working with a commercial agent you could use forms like the ones from Professional Publishing that are somewhat similar to the Realtor's forms.