In that 800k-1M price range you may want to consider less cash flow for 1-3 years because in the right areas the rents and value appreciation is kicking in faster. 

I'm not saying that what happened was right, not even close.

The baby boomer generation I think right now is the second largest behind millennials so there will be a lot of demand I think in the coming years.

to do it right you need a pretty big plot 5 to 10 acres and the cost of said in a great location usually makes them financially not feasable thats why top golf has taken off.. they can spend 50 million on a facility because it generates some pretty good revenue.. never looked at it from that stand point I suspect they are a public company..

Hey @Greg Teplansky, so I think everyone hit some nails right on the head.Get an attorney and CPA to go over the details. this is a lot of work to do correctly and it will cost you.I don't think you are outta your mind but I think there is little benefit to those that buy in.

I know it's hard finding the right fit.

@Evan PolaskiI agree there is no most likely zero correlation to operator experience and 506b vs cThere is another post right now about an operator who did a 506c and was foreclosed on and didn’t tell their LP’s….

I went with her to the office and she asked for her tenant file ledger so she could see how could it amount to $5,000 and they said no they won’t give it to her ( isn’t that wrongful of them to do so ) and they said she’s being evicted for ultiltes not being paid from 07/01/2023 until todays date - wouldn’t that be wrongful because notice states differently and even when adding up ultites until todays date doesn’t add up to 5,000$ I just need some help with this because is doesn’t make sense or seem right if anyone could please give advice and also the utility isn’t in her name & the lease yes was stated for her pay the utilities but her lease wasn’t renewed and was now a month to month term and that started last year so how can someone rent a apartment to a individual and not give notice to renter to pay certain things but wait a year or half years notice to eviction even though rents been paid on time 

Make use of the right experts and it should have few difficulties.  

Hi @Tchaka Owen~ You may be right.