The challenge that you are running into is that you are confusing cap rate for a measurement of performance, which it is not.

You should really vet the CPA that you decide to go with.Taxation on notes depends on several factors such as is the note performing or non-performing?

not sure what is scarier, that you do not see the risk involved in note investing or the actual amount of risk there is in non performing note investing. 

Generally these underperform at best and are nightmares at worst, so at this point most either sell for a loss and get out of real estate, or graduate to higher priced SFH in better areas that actually perform as planned.  

Hiya folks,Anyone out there know of data sources to use when performing market research on a new potential real estate market to invest in?

Even a 6mil with perform very well in residential settings with a good Aluminum oxide finish.Good Luck and good installs.

Please perform proper market surveys on COMMERCIAL or industrial investments not just MFR.

When underwriting a deal you want to take into consideration all aspects of the transaction including future performance and market conditions.

Please note that you are obligated to pay back their 401k (regardless of the performance of your real estate investment).Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).If you are self-employed with no full-time employees & you can rollover the funds, you could set up a Solo 401k, rollover the funds and take a 401k loan from the Solo 401k.2) Regarding taking a distribution from a 401k plan and then paying back within 60 days: the issue here is that there is a 20% withholding requirement so if you distribute $10,000 you will receive $8,000 (since 20% is withheld) but you will need to deposit $10,000 within 60 days so you are effectively providing Uncle Sam with an interest-free loan equal to $2000 since you won't be able to recoup those funds until you file your taxes.

I am currently bedding my last 2 rehabsBoth just competedMy plan is to firstly ensure that my assets are performing, by this I mean cashflowingI will then target growth/appreciating areas in DetroitBaby steps at the moment