I troll Zillow, but if the Zestimates are supposedly all but useless, then how do I even know what I'm looking at?

I suppose I cannot predict whether a seller would entertain that... can you take home equity to get the down payment for seller financing?

And I suppose it wouldn’t have any financial ramifications as long as I take out all my fees and maintenance all at once.

A few things weren't done (windows were supposed to be caulked, the front hand rail was supposed to be secured so it didn't wobble, the two vacant rentals were not broom ready and were a gross mess, etc.).I called my RE attorney and he told me since the closing had already occurred I was pretty much out of luck. 

Hey Everyone,    With a supposed recession looming in the future.  

So I was browsing the web today and found what seems to be an unrealistically good deal:A New Development (supposed to be done in 2020)30+ units (mix of studio, 1/1, and 2/2)Renting between $975 - $1200 per month (about $34,000 per month for all units)The list price is around $900,000Certainly I must be missing something?

Then I suppose I'll go down the foreign LLC route since the states I have in mind require a registered agent.

*PS Subject line was supposed to say Capex and Repairs, NOT Taxes.

It seems kind of harsh to stick him with the full bill as if we were renting the whole place out since we are in on the investment together, but at the same time I don't want to have to put in a lot of money for expenses for a place that I'm not living in and he is, especially since its supposed to be an income producing asset.

I don't see any value either way, if you get your license.Many investors would argue that there's negative value to having your license, but I suppose that depends on what your goals are.