In most cases, residential does not have a complex income and expense line so to some extent creating separate accounts for each property to roll up into an LLC is more work that it is worth.

The best crime deterrent for an apartment complex is a well lit area at night.

I think by creating paper, Rick means originating complex mortgage notes.

I once got gap insurance for a condo complex elevator that was covered under a mechanical breakdown insurance policy with a very high deductible, but have not been able to locate any kind of gap insurance that covers the high deductibles on beach properties.

Depending on how you capitalized the assets in the first place, might create additional levels of complexity or simply a non-start.

Originally posted by John Jabson:I know the basics but that's it.So, again, you admit that you don't know very much about an exceedingly complex subject, and yet you are willing to draw broad conclusions related to it?

Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, dropped 9.6 percent to a seasonally adjusted annual rate of 4.88 million in February from an upwardly revised 5.40 million in January, and are 2.8 percent below the 5.02 million pace in February 2010.Lawrence Yun NAR chief economist, expects an uneven recovery.

This is not the first apartment complex in the area to be built with these rates.

Okay, I was mistaken, third question: From what I've seen of the west Phoenix area so far, most multifamily are nice 30+ unit complexes and not a lot of small MFR.

Owner paid $300k 12 years ago, put $100 into it and realized they couldn't develop it into an apartment complex.