A Reg D fund will cost anywhere from $15K-$30K to have a competent securities attorney write the PPM, Operating agreements, disclosures, do the appropriate filings and provide guidance for promoting your fund while staying compliant with SEC and state securities regulations. 

Old, out of code wires.  

Talk to your attorney but from what I've seen most recommend incorporating in your home state.Pull up the LA City code re business tax, I think you'll find that while they base city tax on gross receipts (even if you lose money) there is an exemption if you make less than $1mil/yr.  

They have very clean homes, good prices and only a 5% premium, just not sure if they are legit or scam. genesisauctions dot com.Not sure if I can put site address in forum, not promoting them, just need to know if they can be trusted.Thanks.

Only.In this thread I show what to look for and some specifics for the sign code in my city.IMHO if you put a house under contract you should buy it.  

Once the potential applicant passes phone screening, they get a lock box code and can let themselves in to see the place.

So I started to buy ( kind of like income averaging knowing I was going to get my but kicked on the 5 OREO's I had left) so we got some just smokin deals in those early days after the meltdown.I would be writting on Out of country RE blogs and there were TK guys really promoting TEXAS and there reason is that Texas never fell or not much in the GFC...So that begged the question 3 or 4 years ago what was a better investment markets that got crushed or Texas... markets like Vegas Phx CA Atl  .... 

As the code states, you must have the "intent" to buy and hold for investment.

Zip code 64130. 

Does the product meet the building codes for certain property types?