Also sounds like it's a great mix for cash flow and appreciation, good long term hold spot. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Valdosta.

There is no risk for the owner of the SPV that holds title to the property, b/c their "investors" have no ownership interest. 

The overbidding saved a ton of investors over the last few years, but now those same guys are having difficulty or have been caught holding onto property from the big wholesalers. 

There are some cases in our industry where the improvement portion of a purchase does not even count towards a taxpayer's 2 tax reporting year holding period.

Short term capital gains is your ordinary income tax rate and long-term capital gains where you hold the property a year or longer is considered long-term capital gains is in as taxed a lower rate.  

It is that rationale that has guided my thoughts on what I think is and will continue to happen with multifamily.Specifically, I think for most distressed properties, the banks are actually going to hold the property.

You want locking systems that keep water out of the cracks and a core that holds up well to water.

Our plan is to hold long term (10+ years) and likely pay it off in 5-10 years to act as supplemental retirement income which we plan to get to with a couple more properties paid-off in Tulsa eventually.Would you pull the trigger on these two properties based on our goals?