You will gain a TON of knowledge and who knows - maybe you'll even find a partner or two.Knowing that there is a resource available to me that offers advice on pretty much any REI question has been a huge benefit to me and my business.Investing in multifamily properties by using as little of my own money as possible is my game.

Is there a deal structure that would allow them to get the tax benefits w/out being on the deed or involved long term?  

You rent it out 6-12 months (however long it takes to be able to refinance), and the bank offers 70% of ARV ($150,000), which is $105,000.This may seem like a dumb question, but what is the benefit in this?

You will gain a TON of knowledge and who knows - maybe you'll even find a partner or two.Knowing that there is a resource available to me that offers advice on pretty much any REI question has been a huge benefit to me and my business.Investing in multifamily properties by using as little of my own money as possible is my game.

However, if you add-in the cost of laying a subfloor... there goes the very attractive "cost" benefit factor,  To end my long worded response:  Smoothing the slab is more labor intensive but less costly than laying an entire subfloor, but definitely the way to go.  

Think about how much getting and maintaining the license is going to cost vs the amount of financial benefit it's actually going to net you.

It's still a reasonable income per partner (I'd certainly be happy to get that income) but the article is inflating the benefits and ignoring all risks.We're at all time low interest rates at the moment. 

There are good deals to be had and 'hacking' (as I think Brandon calls it) can be great since being in the property gives you many benefits, but as such so are the responsibilities - just do your homework first.I'm from the Buffalo/Niagara region. - nice to have someone closer than the city on board. 

They want something much more passive than I need, are looking to park cash, are seeking tax benefits, and can tolerate much lower cash flows.  

You will gain a TON of knowledge and who knows - maybe you'll even find a partner or two.Knowing that there is a resource available to me that offers advice on pretty much any REI question has been a huge benefit to me and my business.Investing in multifamily properties by using as little of my own money as possible is my game.