this is not answering the particular question about the race track.In florida we build from the dirt up, because its normally cheaper than a flip and the buyer would much rather new construction than a flip property. 

Particularly 4-plex units as house hacking is something I’m learning about very diligently.

Hi Evelyn, So there's no particular order to the process.

Thinking back, I was kicking myself for putting people through the horror of viewing the place.I had other tenants which I forced to permit showings, particularly those that cannot be at home, and they reported things stolen.

I guess there are binary exchange markets that retail traders can participate in too, but again, how would a retail trader buy a CEBO for a particular CMBX? 

BP,I am in the process of purchasing a 12 unit multifamily property, I am wondering what investors in my area (Midwest) would pay for this particular 12 unit property?

I'm the type of investor that when I own a stock, I read every report, listen to every conference call, and research the properties and tenants in their portfolio, so for me they don't feel particularly passive (Cramer's old "Buy and Homework").

or can I just start the depreciation (for that particular year) on the year I change to reporting separately?

Where is this in particular?

Hello All,I am new to BP and looking to get my feet wet in REI. I am from the NY metro area but looking to invest in multifamilies in Hartford and surrounding areas. Would love to connect with others who already have ...