@James Carlson and @Brian Bohrer outlined fantastic information.

Incorrect information from the sellers.2.

Direct Ownership: In a 1031 Exchange, investors retain direct ownership of their investment properties, giving them control over property management and decision-making.

I am by no means saying this is a bad company or even a bad investment, all I am saying is do your own due diligence - all of this information is readily available on the SEC website to review and understand what you are investing in:below is from the SEC website• The Notes are unsecured, general recourse obligations of the Company that will be repaid from the Company’s working capital.

Quote from @Aleyxis Suarez: Looking to learn about real statements investments , multifamily, duplex, looking for advise.That's a pretty broad request, so I'm going to share some basic beginner information.

If the numbers work for you and your investment goals, it is always a great time to buy.You never know what tomorrow holds, so make your decision based on the information you have today.

Definitely check it out before you make any decisions - it's always easier to set up your bookkeeping right to begin with rather than having to change programs later on. 

I recently stumbled upon this email that informs me of national real estate trends and it has helped me sound smarter in front of my clients. 

Tons of opportunities here, and a wealth of information to help you.Biggest thing is networking and education.

Moreover, to piggyback off others, $200k in virtually any market means C/D-class unless you have vital information about the area turning around/gentrifying (new development/infrastructure).