Squatters are a real problem nationally and a study found that they target not only vacant properties but those advertised for rent or sale that offer 'immediate occupancy.' 

Cleveland currently has one of the lowest price/rent ratios in the Nation, with the average home price being $107k and the average rent being $1,416/Mo.

Indeed, non-EU purchasers only represent a few percent of the houses bought in the country and the properties they generally buy are not affordable properties so that tax wouldn't solve anything and would bring less capital and less jobs to Spain.

In general though, I would think that if this is a partnership LLC you could make a capital contribution in return for equity in the LLC. 

Over time, as you gain more experience and capital, you can consider expanding into multifamily properties once you've built up a solid foundation in real estate investing. 

Certainly from a capital raise perspective, $5 -10 million is a reasonable amount.That being said, raising capital for a blind pool fund is much more difficult than raising capital for a syndication where the property is already identified and the potential investors know exactly where there money is being invested.

Being that I get taxed at a higher rate for wage earnings then i do for capital gains I actually take home more for way less work.

Should We:Sell, take advantage of the capital gains law, move, and pay the mortgage off on the new house, credit cards, etc…?

-contacting several LP's nationally that take on large investment opportunities-posting on loopnet-sending the link to the website we built-out to all the the top real estate agents in our local market.I did not think of the Facebook group channel, so thanks for that recommendation @Ryan Arth!

While I haven't personally done anything with this particular fund, I do have capital deployed with BAM.