Considerations i appreciate so far:- Obviously the most expensive, the more ability to absorb the cost of performing the study, and the more building value to depreciate in general- Would you focus more on multifam but in class B-C?

I invest in hotels so I know what the numbers should be for a hotel and so I can see if there are any operating inefficiencies with it that I can solve and create that VALUE-ADD.For golf courses, I am not as familiar.What's the typical NOI vs. revenue (in terms of percentage) does a stabilized, performing golf course has?

However, the option for the lender is to exercise the due on sale and foreclose on the property. 

We self perform construction work and we raise capital for projects.

Landlord: Focus on applicant criteria, vetting potential tenants, thorough lease agreements, outline tenant expectations, perform regular walk throughs with tenants, and use web-based rent collection and maintenance requests. 

As things are occurring now, the bank is being paid, so they have no interest in property seizure or foreclosure, as it is a performing note, so the FIL currently has the opportunity to conduct control of it in the same way a normal person would, which should allow him to pass this via normal methods (living trust for example) to heirs, provided the payments on the note have no interruption.Am I off on any of that?

Hi all - I live in LA, but I have a condo in Seattle that I've been renting for a number of years (I have good equity in it but the rent only covers the remaining mortgage, HOA and property management) I'm thinking of performing a 1031 in order to purchase property in Austin, TX, where I have interest in moving in a few years.

Also, they can float the poor performers with short-term cash injections or other good performers.

If you really know how to manage real estate, it may be a good idea to start off with properties like this until you build your nest egg to acquire better properties, but proceed with caution when buying in these areas, and don't expect the properties to perform as well as the pro forma states it will.

Here is what you need to be able to classify yourself as a Real Estate Professional.Note: I have 20 rental houses, rehab and flip houses have a Vrbo Lake house that I manage and I am can't classify myself as a Real Estate Professional because I have a day job.According to the IRS, to qualify for REPS you must meet both of the following conditions:More than one-half of the personal services you performed in all trades or businesses during the tax year were performed in real property trades or businesses in which you materially participated.