I think you have to pay $1500 to franchise tax board if you are from CA and if you have LLC regardless if you have zero income.

Why do you think purchase contracts are so long and have such small print?

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

I'm working up a business plan now would love some more thoughts and opinions.1) Who give grants for this kind of thing2) I have checked with zoning, I'm thinking about doing something like a Affordable daycare, Offices for Native American Council (Building does have cultural significance), Grounds for Pow Wows and redo the gym in there for community event. 

As I think of it, I do remeber a high volume real estate office that had TCs, I think they called them admin assitant's in that shop but what the hay, they got things done. 

I think that Indianapolis offers great rent ratios.

Think about what’s most important to you.

Basically, Hey, I'm a new investor that thinks investing is all rainbows & unicorns, so can you hold my hand and give me the best advice & deals that's taken you a career to figure out?

What are some good things to be looking for and thinking about for a prospective buyer who is walking the grounds of a 47 unit building?

I somehow didn't even think about the due on sale clause.