I have a current rental in the area so thankfully I’m familiar with the associated costs.

Hi Aubrey,You might reach out to the Southern Tier Real Estate Investors Association.

Sorry to hear that @Zachary Schimenz - but keep your head up, there are other deals out there!

The costs associated with setting up the PPM (Private Placement Memo) and getting it legally ready to take to investors would kill most deals of that size.If the smaller commercial multifamilies in that range (6-12) still interests you, you are more than likely looking at a joint venture.

More so worried about capturing all expenses associated with the rental that have actual hard numbers.

·Any entity chartered and lawfully doing business under the authority of any law of this state,another state, or the United States as a bank, savings bank, trust company, savings and loan association, or credit union, or a subsidiary of any such entity, which subsidiary is regulated by a federal banking agency and is owned and controlled by a depository institution·A consumer reporting agency that is in substantial compliance with the "Fair Credit Reporting Act"·Any political subdivision, or any governmental or other public entity, corporation, instrumentality, oragency, in or of the United States or any state·A college or university, or controlled entity of a college or university, as those terms are defined insection 1713.05 of the Revised Code·Any entity created solely for the purpose of securitizing loans secured by an interest in real estate, provide the entity does not service the loans·A Credit Union Service Organization holding a valid Letter of Exemption issued under O.R.C. 1322.05See O.R.C. 1322.04 for additional exemptions and exclusions and more details.

What this tenant should have been paying for was the depreciative expenses associated with a new roof, not the liability of purchasing a new roof (this isn't allowed on your taxes, either, for the most part).

Sometime I run what are most likely irrational scenarios in my head about what COULD happen and the liquidity of the stocks makes me feel better.

John Banjak (Banjak & Associates) is fantastic!

Security Deposit in our case is one month's rent: $2,000Upon hearing our breach-of-contract request, the PM stated, "We are holding you responsible for the full term of the lease including and not limited to all rents , collections fees, broker fees , legal fees and any fees associated with the breach of your agreement.