Everyone will pretty much like where they are and will tell you to come there. 

But this is where we are. 

Ask the GP to file a composite return on your behalf in states where it’s possible.

Hey @Molly Jones, so this is something I wouldn't participate in personally. 30 year leases in the US (or 100 year leases etc) can be pretty dicey depending on where they are.

Louis instead of over here in Chicago where our landlord laws are quite strict. 

The bank from my understanding will be writing off a loss on this loan as there is not enough money to go around.Here is where it gets interesting, there is a second lien on the properties from a seller of a hotel that the current owner of the 21 unit bought seller finance. obviously there is not enough money to get this guy paid off as the bank is already taking a loss.

It doesn’t matter if they charged me 20% or 40%,I am still picking up the slack where their skills end.

If you can invest in a location where you have friends or family who can be your eyes and ears on the ground you are more likely to have a positive outcome.

I'm a new investor in the Baltimore City market and while doing my due diligence analyzing deals I'm seeing properties where permits were pulled.

Also, the “owner” is deceased, no reported heirs (doing my own due diligence) would this be something where it can be a little tricky or problematic dealing with probate bc of the deceased owner or it’s business as usual?