Depending on the construction, you have to do major upgrades on electric, plan for plumbing for apartments which may not be permitted in the area for the sewer or septic.

Or they have jobs that won't allow them to commit the time.Therefore, partners who write checks into real estate deals cannot use the wonderful passive losses created to offset their ordinary income from their job or business.But what if I told you there might be a way to use leverage and depreciation even if you aren't a pro?

I want to be able to borrow against this somehow to give me capital to work on some other development plans that I have.Anyone have any advice on how best to pursue this?

With a 3-year decontrol period, I could transition the property to full market rate by mid-2029. 

I want to partner with you.

.: I don't even know how to anonymously report a post?

Prefer to cashflow as close to day #1 as possible.No problem!

They wanted to do that but it would mean it wouldn't clear for up to 21 days.

The easiest way to get around this is to figure out how much the property would cash flow using the "rental property calculator." 

You may find $100k properties that provide meager cashflow like $300/ month on paper but in reality they will be paper tigers.