I invest in central Wisconsin and the only reason I don't do more is I can't find deals (even here, the market is hot) also as market is hot everywhere, one of the way to make money is by controlling the opex which I would reallocate the fund to invest locally in California market, actually I would make more money if I just invest locally rather than OOS. i am no longer chasing one or two hundred cash flow but straight 50k 100k a year.....i'm done collecting doors lol

we know that's a straight lie.

You could simply choose to depreciate your property using straight-line depreciation over 27.5 or 39 years.

So the question is will the houses be $18k cheaper or will it go straight to builder’s bottom line?

It’s a straight up equity loan at 8.35% for the land and down payment .  

Will it go up in a straight line?

These questions were helpful for me to think through when scaling in this business.Aside from that, it is essential to learn how to properly underwrite a syndicated deal..much different that a straight up acquisition.

They are like the gang that can't shoot straight.

So I wouldn't trust someone that can't get the basic facts straight. 

I think we are countering to a straight sale now but the agent has a clause that says closing date 30 days after permit available.