Looking to form a study group in San Jose/Santa Clara.

I personally think that you need to have a Metric that can compare to ANY kind of investing.... not JUST something that compares one REI to another REI.I'm not sure how other Investors will view this, but I thought that I would put it out here and hopefully help those who are struggling to get a really good understanding of what some of us call FUTURE Value and PRO-FORMA calculations.While these calculations are not the exact ones that are being used, I think this is a good introduction and can help give the Reader of this Post some understanding of how looking at the Future using projected calculations can help determine what is a good Investment, FOR YOU.

If it were me, I would form a partnership that pays out profits 3 ways.

I think I might need to make visits to these places a line up properties to see and form a team to help assist me.

His business is fantastic because he provides an inspection report, rentometer, pro forma figures, comparables, and more.

More importantly though I think, I have several friends I can lean on who are commercial developers who can help build out a pro forma to filter leads when they come in.Big picture, I'm wondering how you might recommend approaching commercial property owners with direct marketing??

What would be the appropriate entity structure for me to form as an investor to invest with him? 

2) Option 2: We form a JV between our existing LLC and the investor.

Expect to pay $350k+ per door and a pro-forma cap rate of 4% if you're buying in a desirable area.It's my opinion that the rent growth we've seen around here is not sustainable even with heavy migration into the state, so I wouldn't be a multi-family buyer in the Phoenix market today. 6 months from now, that might be another story...

Make sure you analyze the property offered using YOUR pro-forma, not theirs.2.