So, while there are interest payments associated with the funds, it's generally none of my own.

At minimum, you need a good consultant to perform an asbestos and lead survey BEFORE any work is done, and that includes exploratory demolition.

If a broker chooses to join the association of realtors or mls there may be some rules to follow, but these are private organizations, they don't make law.

I currently own a condo and here's my take on the whole thing.A few months ago, I had a great condo under contract ( different association than the one I currently own) that I was looking to hold long term as a rental.

If there is something inherently wrong, such as a utility easement that renders a lot unbuildable, or a subdivision that doesn't show a parcel split on an online map but is recorded, there are often reasons why properties wind up being given up just for taxes, and you should not take them for granted.If you buy a condominium, you will be responsible for association fees immediately.And finally, don't be dumb and forget to file your deed.

Overall I like everything about their platform except that I can't see who the investors are in the deal.Fundrise is the only other platform I am dealing with at this point after surveying every other one I could find.

Let me know what your lawyer says, I would be interested in finding out what they say and the cost associated with setting up that partnership.

Hello @Alex Kelly +1 on @Christopher Bowen's comments on the state of the Seattle multifamily market.There are a couple real estate investment associations who tend to be guru of the month type organizations but the networking and local knowledge are the real value.REAPS (Real Estate Association of Puget Sound) http://reapsweb.com/REIA (Real Estate Investors Association of Washington) www.REIAwa.comTo take your apartment networking to the next level go hang out with apartment owners, operators and those who provide services and products to apartments: the landlord associations.

They may know of landlords looking to sell properties, your local REIA or landlord association and just talking to people.

But upon finishing the class, I got access to the MLS as an associate through one of my realtors, so I never actually took the actual licensing exam.