That gives us 1,424,000 in purchasing power.

A lot of what you are paying for is this professional knowledge and ability to piece the puzzle together.If you or a draftsman can do this, then more power to you.  

So forgive me for being shocked and amazed once again at the power of BP.

Additionally, the closing attorney requested power of attorney from the other partners that enabled/directed me as the sole person responsible for the transactions on the LLC's behalf. 

If you are attempting to sway people in power who may wake up and fix the system, I am not sure this is the ideal venue for that.If you are so down on the area, you should probably change your investing but I am just not sure why you are so intent on spreading the doom.

There’s a lot of brain power floating around these forums and I look forward to learning from all of youRegards,John Taylor

There’s a lot of brain power floating around these forums and I look forward to learning from all of you

Knowledge is power.

At this point he's not looking to be a full time investor, but understands how powerful some rental property can be.Agree with my ideas?

It is possible that the local building department goes around inspecting the roofs of multifamily building and has the power to decide if you should pay for and have a new roof put on your building and it can happen at a time when you are not prepared to deal with that expense.