Then you're going to quit your job where you would have been able to absorb those capital expenditures or they would have paid for themselves over time because the properties were cash flowing (and continue to cash flow) where if something happened in the newer properties in the cyclical markets and you had already quit your job, you would be stuck.Not much of a choice, but I say go midwest.Stephanie

We have yet to schedule her move-out inspection (awaiting her date/time preference). 

Hi all.After listening to a BP podcast, I thought it would be interesting to look into deals where you buy a plot of land (that is already zoned) for cheap and build apartment complexes on it through syndication, followed by holding for cash flow (preferably).

When the property is paid off in 15 years, I will have the choice of 1) Enjoy the 'bumped up' cash flow of about $1200 per month 2) Do a 'refinance' or 'cash out' of say 180K on a now 240K property and let the renters ALSO pay that off for me or 3) Sell the property outright for 240K. 

How was your first choice not burning the place down and starting fresh? 

@Evan Pickvet-Hall Your agent might be referring to the fact that you might not be able to qualify for typical home mortgage programs as most lenders prefer SFRs to even 4 units (even though they are both classified as residential). 

This answer should continue to drive your choices as you invest.

If you do, and it doesn't specify that it's only if they find you the deal, then legally, you have no choice but to use them for the purchase.

They may prefer no window cover at all in a loft living room, depending on how high up the unit is, the area, and what's outside.

I am looking for a local tax accountant who specializes in real estate investing and preferably owns properties him/herself.