If you are engaged in a deal I could argue that it was necessary and education for you to complete the complex deal due to the intricacies.I would push it off until you could complete other items.

If you don't know, call around to apartment complexes or agents.

Chris, According to the county property tax records, the value I stated earlier is the total taxable value.In regards to renters, the entire complex is rentals.

I really don't want to just throw my hands up and "let the bank have it"... but the complexity of how to do otherwise (and potentially profit from it) is way beyond my expertise.Thanks again.

50% of 5,000 is better than 100% of 0.Let us reverse the situation, I pose to you that I have 2 Million cold hard cash sitting in the trunk of my car and I want to buy an apartment complex, would you believe me?

The local area has several different non profits working to help with the homeless population that want to be helped, and you're right, it's a very complex issue. 

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.

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

Hi, We are in the process of starting our first apartment complex(10 units) and have the following question.

You'll pay at least $10K and as much as $40K (complex offerings can be over $100K but you wouldn't need anything that complicated) to get this done and your deal size is too small for that.