"investor" rules are not only extremely complex but actually vague and subject to interpretation.  

I currently am a heavy equipment mech and shop manager for a major beverage company, but have worked as a maintenance super for a 165 unit complex so i am able to do that type of work if someone would like to do some sort of partnership and my wife was one of the office people at the same complex.

Appreciate feedback on this potential apartment complex deal.Number of units- 13 townhouses (2 stories and a basement).

I have an apartment complex (150 units) in Texas that was offered at great discount from a Seller that was in default.

Insolvency: If you are insolvent when the debt is cancelled, some or all of the cancelled debt may not be taxable to you.You are insolvent when your total debts are more than the fair market value of your total assets.Insolvency can be fairly complex to determine and the assistance of a tax professional is recommended if you believe you qualify for this exception.

the majority of the renters in the complex are not section 8, but i would guess that they probably could be if they wanted.

i just had an 87 unit complex under contract with a 30,000 earnest deposit...i had built up a good repoire with the seller's agent and so he was pretty relaxed with me and gave me a week to put the deposit in my attorney's escrow account...theoretically i may have been able to find an end buyer by then, but i was looking for myself...of course, i should mention i had the money, and you shouldn't tell people you plan to put the money in an account if you don't have it and won't have it...that's not the way to make a name for yourself...forgot to mention that when i put in offers, i send in a copy of a check with the contract and say that the earnest money will be certified funds (money order) within 48 hours

I screw up on a 60 unit complex and it's a $20,000 mistake every month until I fix it.Now let's be honest about straight ROI.

If the shape is more complex, you'll have to measure each piece of wall, break it into rectangles, compute the size of each one and add or subtract as appropriate.

Individual control is possible with a central unit but it adds to the complexity and the cost.