Make sure to carefully look into what and who you are investing in and whether their track record and experience is a good fit for your investment objectives.

@Wayne Brooks I read it wrong I thought the electrician pulled the permit.

I am reading on forums these assets have been devalued 75-90%.

The limited liability protection you are seeking is a legal matter, so no other profession that you interact with has a fiduciary responsibiliyt to care. 

To wipe out capital gains, you can invest in private real estate syndications where the work is done for you, and inside those deals the sponsors can take care of doing the cost seg to offset the capital gains.

It’s all multifamily, they don’t care about the terminology.

Read different approaches and educate yourself, but at the end of the day figure out what you want to do and what is best for you.

@Alana Reynolds read this HERE and see what you think.

While there are potential benefits such as consistent income and reduced management responsibilities, it's important to carefully vet any potential partners and ensure that your property will be well-maintained and treated with respect.

Do I need to get permits or do they take care of that?