@Eric Schleif ~$750k purchase price on the next set of units in the complex, with ~$2.5M ARV at refi of all the units I have in the complex.

So, being an investor in the area as well, I do believe we have already missed the perfect timing to get into Chelsea unless you are looking into a larger apartment complex / commercial units, which is totally out of my ball game for now at least.I also see a lot of positives as Boston continues to see major deficits in the apartments needed and Chelsea has seen a lot of investments lately: FBI HQ, major hotel chains opening up, faster and inexpensive Tobin Bridge tools, etc.Best of luck on your search and please keep us in the loop for whatever you decide/find.Flavio Zanetti

That means I will have to convert my LLPs to LPs which means losing the liability protection, but retaining the administrative complexity (additional tax submissupions for each LLP).  

I can't stop lamenting about properties I have so stupidly lost, like the apartment complex I so stupidly sold for no reason, it was one of those brain farts.  

The same day we closed on that deal, I sat down for another session of cold calling and got ahold of the owner of a sweet 20 unit complex in Dundee.

I am a leasing agent for a 732 unit complex and we use Appfolio.

I watch a lot of YouTube at times to get information on real estate but some things aren't explained in details, the material is very complex. 

If you all look hard enough at the CEO you will see reasons why he left the Chicago area after his condominium venture went south.

See below for a diagram of the process we follow.House hacking adds an additional level of complexity.

Essentially, institutional buyers and sellers of bulk REO properties and whole loan pools often overlook the complexities of re-titling and settling, or the handling of foreclosures on bulk transactions.