@Richard D.This sounds like a case prime for the Contestability issue, especially if there is substantial value in the property. 

@Andrew Jones - They are being sold as "condos" because the owner has legally split the duplex into two individual units (with separate Tax IDs).

Anybody know of good individuals at raising capital in Miami (private placement or otherwise) for a great project in Miami Beach that I have under contract, with great upside potential?

Each person's income and tax scenario is different and you should consult with a competent CPA to discuss your individual situation to get advice tailored for you.

I gained a substantial amount of equity by rehabbing the property while still having positive monthly cash flow even with the 10 year note.

Hi, BPers, could anyone let me know the pros and cons of buying and holding residential properties under a company, versus under individual?

Developers cannot get loans from banks to start building, the individual RE investors cannot get loans to buy finished or pending properties.

I'm an out of town REI (california) looking to find a MF (<20 units of 1br/1ba preferred, doesn't have to be individually metered) in San Antonio, TX!!

I am sure it will take several years for the benefits to flow through, but when the residents in that market see their utility bills drop substantially in the future, all landlords should be able to push market rents a little. 

Obviously the down payment on a 5+ multi family is fairly substantial.