They also use these zoning regulations to limit student housing, which is another subject Nick teaches.

Make them buy $300k limit and a $1m umbrella.

Also, try to limit questions for better responses.......good luck

I can do one or two like this on my own but would soon reach my limit.

Specifically stating the business purpose will help protect you in dealing in those activities, such as financing sales...say such does not mean you will or must do something.You might also incorporate limited partners as limited members so that you could take on future partners in a deal without giving up voting rights or positions in management.There's two tips, I'm sure others will follow......Good luck.

Private placements are limited to recruiting people that you already know and have a relationship with.

They didn't tell us the home is off limits, just can't get the special low-down investor financing.

Check with your building regs department and see if it is available to build on, some or most or all of it could be limited as green space, water retention, flood plain or other issues as it is built up all around the subject property.If it is available, you said it could be obtained cheaply, how would you know that....is it listed?

There was a limit of up to 4 properties and then Fannie Mae changed the guidelines for conforming loans.

There are limits to what a passive investor though is allowed to deduct in the current year though.