Can they legally do that?

Just looking for insight and to gain a sense of what a "good deal" should look like.

I will definitely update this thread as we gain info.

Is there a source for the following data;  I am looking for the "norm" for the expense ratio (based on either GPR or Gross Income) for individually metered garden style apartments in the south east and the mid Atlantic (Region IV) : Marketing Insurance Janitorial Service Lawn/Snow Licenses Miscellaneous Professional Fees Accounting Legal Property Management Fees Repairs and Maintenance Resident Superintendent Salaries and Wages Supplies Taxes Real Estate Personal Property Payroll Other Trash Removal Utilities Electricity Fuel Oil Gas Sewer and Water Telephone Other (whatever I missed)

Do not rely on it for legal advice.

Homeowners pay the price (packing everything up, preparing to move,...) and are then stuck with their own house when they were depending on you following your word to actually buy their house.Wholesaling is legal (state dependent) but include "Being Ethical" in the business plan.

I haven’t got my feet wet in real estate but have always loved it and gained knowledge about it .

Per our legal counsel, we have always considered any of the prohibited transactions to be a two-way street; from the IRA to the disqualified party or from the disqualified party to the IRA.

@Jessie Griffin never use legal zoom for anything.

I actually under charged them for rent but it came out to where we split PITI and bills 3 ways and I still gained all the equity and tax benefits of home ownership.