Nope, I unfortunately already filled up my conference quota for the year - must have been somebody else!

We have the opportunity to buy 12 single family units that are already rented through a portfolio with seller financing. 

The code I have been quoted says "Whenever any person, whether as the owner or agent for the owner,rents, leases or has available for rent or lease, one or more residentialunits, such person shall be deemed to be in the residential rentalbusiness."

The monthly payment is around $3600.

You have to think that you want to learn in the process.

If that is the case, the broker should be responsible. 

Then it will come to the vesting of the home vs the vesting of the LLC. 

Here are some friendly tips to help you get started in Central New Jersey:Network with Local Investors: Join real estate meetups or online groups in Central New Jersey.

Don't rush, think it through and make calculated decisions with applied faith!

Instead of real estate assets, their heirs can receive easily divisible shares in the Operating Partnership that can be much more easily liquidated upon passing of the estate.