Hey Lance, it appears you are correct however partnerships would then have to withhold under partnership holding requirements on ECTI correct?

Your ineptitude may amplify your losses:(You're also jumping to assumptions.We've had out-of-the-county investors that we could NOT legally send funds to because they hadn't supplied us with the IRS required documents - and they didn't respond to our numerous communications to get them.Once we obtained the proper documents, we sent them their funds - by the way, we did send monthly Owner Statements, so they had the info to see what was going on with their portfolio.So, that brings up another question - what information have they been sending you and when have they been communicating?

@Matthew Paul my first broker required all new agents to be in the office cold calling FSBO, expired listings, and preferred farm area for several hours x times a week.

Hello all, I acquired a property remotely thru the online tax lien sale in Lake county Gary IN last spring and successfully redeemed it. 

My research online indicates $2-$2.50/sq. foot for installation of flooring.

But @Katie Smith has a great point because after the Miami apartments fell in on themselves, lenders are much tougher on condos and a lot more makes them unwarrantable which will negate an FHA and require a DSCR loan.

DSCR options would be best as local banks require higher FICOs most of the time but each bank has different UW guidelines.

I made an offer within a few days of it coming back online and closed 4/21/2017 at $44,000 below the original listing price in less than 30 days.

We are finding different things online and we want to make sure we are set up for success when it comes to being protected.

These are the affordable rentals D- In my opinion, D houses require rehab just to be livable.