I haven't done a ground up build before so financing with some institutions has proved to be not possibleProjected construction loan (incl. triplex loan) is 2.5mI'm anticipating a 65% LTC and have about 50% of down payment in existing triplex property equityConsidering doing a GP/LP structure with friends and fam for remaining 50%.

I would recommend that you take a look into SeaCoast Commerce as your banking institution will pay your software fees!

What would he need to do to materially participate in long term rentals he acquires?   

However, what they found out is that by just participating in the market, SPOILER ALERT, they were helping out Wall Street. 

According to a study done by State Farm and the Insurance Information Institute the average cost of a dog related injury claim is $49,000. 

And since this is an active expense (generated from your active participation in the business).

@Ashish Acharya are those the 750 hours, 50% of time and the materially participate rules?

Hello - I am planning to participate in the Tax Deed auctions coming up for a few counties --- I have a short list of the properties and need a good RE Attorney who has deep understanding and experience with Tax deed properties(Prefer Eastside but all seattle area ok)

@Justin RobertThe preferred terms would depend on whether it is institutional note or seller carry back note that you are looking to sell.

@Travis Doyle, yes, the sponsor also participates in the cash flow.