You asked for advice and because you got an answer from someone who did not fully understand your situation, you calling it nonsense. if you don't want any nonsense, then deal with selling your stuff offline so that no one can give you nonsense answers.

To answer your questions:1.

Do a bit of searching and you may get your answer.   

She answers email questions quickly, and when she sends you the completed return, if you use Quickbooks, she sends the adjusting entries. 

No one on BP can really answer that only her employer can.

I think he as been a QI for 10+ years.Give him a call he will be able to answer all of your questions.

Originally posted by @Hal Thompson:@Renande Emile @Kesa Wiley Can you post the address or parcel number/county of the properties you purchased?

And refinancing, getting rent ready, and lots of other things...You'll need a strategy for all of that, and again, I don't see how you do it from thousands of miles away.Happy to answer any other questions you have - not trying to be discouraging, just realistic.

I’ve been wondering that same thing.Seems to me when comparing candidate investments, why would I pay more for an investment with risk and work (5% Cap multifamily), than a risk-free passive investment (5% CD or T-Bill).Note that going from a cap rate of 5% to 10% is a 50% drop in price…that’s significant…easy to see why a seller isn’t willing to give a higher return.I’ve asked the question before and gotten answers like it’s because investor borrowing costs vary, and you must consider future rent growth and appreciation … I guess if you have low borrowing costs and are optimistic about the future a 5% cap rate makes sense.

Originally posted by @Catherine Coy:I'm listening to one of his webinars now.