We're trying to shift though people who have been displaced and need something now vs. the people that spend their day clicking on units online 

After going through closing I have shifted my focus to multi-family apartment units.

The clay is now old enough that its shifting and collapsing and it has to be replaced. 

Any kind of change like that before the exchange opens you up to all kinds of scrutiny for basis shifting and improperly avoiding gain. 

Of course if the market shifts, or the rents shift, there could be cause to sell sooner or later, but the point is that the syndicator decides, not the group of investors as they may all have different opinions about what to do. 

If not, there is no tax saving. 2) You can have the exact same tax savings such as hiring a child to shift your income to the lower bracket without LLC, and other tax saving strategies.Bottom line is, besides asset protection, there are few tax savings.

What are some shifts in marketing and what type of deals/clients are you anticipating??

So as we watch the market shift, less disciplined investors being distracted by shinny objects, and reckless imprudent choices developing all around us, I ask one question: Are you keeping your powder dry?

I feel like I've been communicating a bit more caution with regards to my outlook and am shifting my time over to other stuff from mostly an opportunity cost perspective...

@Will Gaston our renewal rates are only slightly down this year, but with the increased competition and lower enrollment rates on my campus we are shifting our focus to getting students to stay in our properties for multiple years because filling all the units is becoming more difficult.