Essential you've got to put management into the proper perspective.

Especially if all the Turnkey Provider is doing is essentially Real Estate Arbitrage.

Hi Kay,The R-M Zoning Ordinance does not specify an FAR for multi-family, but says "a single-family house in any residential district with a floor area ratio equal to or less than forty-five hundredths or height equal to or less than thirty feet and/or equal to or less than two stories." 

So when you talk about refinancing on a seller financed property, can you only refinance the portion you have, essentially your equity?

You’re essentially selling it to yourself at whatever price you and yourself agree upon.

There is a difference between having no cash and not putting cash into the deal.There are sponsors that put little to no cash into a deal but have good net worth, liquidity, experience and track records.That is very different from a sponsor as an example starting out that essentially has no experience and no money to invest in a deal just time and labor.

Essentially, if you get an FHA loan 3.5% down, and qualify for 5% Down Payment Assistance (DPA) that 5% DPA will cover the 3.5% down payment and 1.5% of the closing costs.

, 2) get added to the basis and essentially only have 26 years of depreciation (27.5 - 1.5 years), 3) go onto its own, separate 27.5 year timeline, or 4) something different and if so what?

I can essentially serve as a property manager: tending to the house (cleaning, maintenance, etc), working and coordinating with any affiliated contractors, and I can even perform rent-roll, T-12, or DCF financial analysis for you on the property, or look for other properties as well.

It establishes the future land uses for many districts.