Forgot to mention that if the tankless supposedly is roughly $400 a year to operate and the install is between $1500-4000, that's a long time to recoup your investment if you are living there and paying the electric bill.

Hi BP community,We are looking at a 20 unit MF deal that has not been operational for past 3 years.

@Josh Caldwell,This is what you are missing about Ames, Iowa: Industrial Property Tax Exemption – The Ames City Council has approved an ordinance for a partial exemption from property tax of the actual value added to real estate by the new construction of industrial real estate, research facilities, warehouses, owner-operated cattle facilities, and distribution centers.

I see a lot of Northern CA moving labor intensive operations to Reno rather than AZ or Texas.

We have experience with new construction and run an extremely ethical operation. 

Markets change, in just a few months, your efforts in some niche operation can change.

It's usually better to have a trust own the LLC, and have the LLC operate.

Hello folks,           I've been going after my dream which is to own and operate an apartment complex.

All (5) of my properties are in my name and I operate as a sole proprietorship.

If your goal is to operate and manage all the units as one large complex and package them for sale as one complex some time later then you might want to consider obtaining a commercial loan at today's low interest rates.