Many of these buildings have anywhere from 6 to 24 units, and when you do work on one section it will clog some of the fixtures downstream.

Located on a gorgeous corner lot, it makes dividing the usage much easier.

You can make an election under IRC Section 469(c)(7)(A) to treat all your rental real estate interests as a single activity -- an election to aggregate them all.

If your looking for the least amount of risk and biggest bang for your buck I would look for a company that is a reputable turnkey provider thats actually in Detroit and offers things such as an efficient boots on the ground team, all sorts of established local relationships, solid in-house management, an operation that is highly skilled and well versed in section 8, a company that has proven relationships with both out of state and local lenders.

Depreciation is typically allocated according to the ownership percentages outlined in the partnership or syndication agreement, which are set in advance and follow certain rules under the tax code.However, some syndication structures can be designed with different classes of partners or special allocations, but these arrangements are subject to complex tax rules, such as the "substantial economic effect" rule under Section 704(b) of the Internal Revenue Code.

If you click on the magnifying glass in the upper corner I’m sure you can find the first 100 times this has been said/asked.

Parma, Fairview Park and Camms Corners often have multi-family rentals that pop up that are in B neighborhoods.  

I never got the impression your remarks in this thread were ever intended to mislead or convince real estate investors they can reach 100% anonymity but you know as well as me that many who review these forums interpret everything they read as indisputable fact and I was merely clarifying that one section of your post which could trip some folks up. 

We're focused mainly in Pittsburgh but even then there's still ton's of investment opportunities here from Section 8, Student Housing, LTR's, etc...If you're interested, I'd be more than happy to get you in touch with some of our investor specialists to help you start your portfolio! 

Here are a few below:Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal ownership you need insurance.If you search the forums for this topic using the magnifying glass feature in top right corner of your screen on BiggerPockets you will find a lot of discussion on "Quit Claim" "Buying through LLC", "LLC or not" etc....