Also any additional information of why you are interested in a certian location would be much appreciated. 

Therefore, I want to solicit creative ideas from the community on how small investors can help these families by providing affordable housing while growing our investment portfolios?

The 50% rule states that approximately 50% of EGI will typically be consumed by operating expenses.While the 50% rule provides a quick estimate, actual expenses can vary widely depending on the property type, location, age, condition, tenant mix, and market conditions.Here's an example: if a property generates $200,000 in EGI per year, the 50% rule suggests $100,000 would go towards operating expenses like taxes, insurance, utilities, and property management.

He then sold the lots cheap to homebuyers, negotiated with a lender to provide mortgage financing, and teamed with a builder who would build simple, inexpensive homes.

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and handling multi-entity structures.

Setting up an LLC in a state with LLC anonymity is great for protecting your privacy; however, privacy is really the only additional thing you are achieving.

Hi Nicholas, thanks for the answer and let me provide more details :) The offer is to invest into new construction with 20%-30% down payment 0% interest rate loan till the end of the construction.

Since I was the primary wage earner in our family I felt it was my duty to provide for the family especially retirement. 

I mean this an interesting thing, they want you to provide any proofs to give you amnesty.In my experience Oakland can be very convoluted to the point things don't make any sense.

But by all other standards these are 2400 sqft 3-story townhomes.These homes are electrified, powered by the sun and incorporate the latest heating and cooling technology. 5 Mitsubishi Mini Splits and a CERV system by Equinox work to provide a very comfortable living space.