I suspect many of these investors just did what the IA recommended..its not uncommon to pay IA's huge commish on these deals up to 10% is what I have seen..

It is all based on fact and circumstances.Yes, classification of gain as capital or ordinary is determined property-by-property, so you can be both dealer and investor, but you will be a prime suspect for an audit.The frequent buying and selling of real estate indicates the taxpayer is engaged in the trade or business of real estate sales. 

My units so far have done better than the maintenance expense and vacancy estimate but the cap expenses I do not have enough data but I suspect to be fairly accurate for my units.Good Luck

From these responses, I suspect that it will be difficult to find driven partners who have both the foresight and the cash to bite on this.  

I started suspecting that they had "their own people" doing the work.

I suspect others doing PPM type deals like your doing that are closely held would offer the buy back.. although I suspect that may be selling a security and have some security issues associated with that buy back provision.. maybe not but...

Do you suspect that he's living there or do you think he's just there a lot?  

Refusing to allow an inspection is  just like an offer AS-IS - - suspect as all heck!

We see it all the time on BP with BP members bitching that agents won't work with them I suspect many of these are the wanna bee types.. of course not all but you know the score

I sold my 54 Atlanta rental houses to a smaller hedge fund 2.5 years ago I suspect rents are probably about the same..