MP has a nice way to target by zip code and other issues and their staff is helpful.

Plus to put a small private REIT together with prospectus and all could cost in the region of $50kLLCLLC Much the same a REIT put without the benefitsI PROPOSE A PROPERTY INVESTMENT FUND.KEY ISSUES TO CONSIDER IN RELATION TO INCORPORATING A FUNDTarget InvestorsIt is important to identify your target investors at an early stage as this has an impact on the possible fund structure and where to establish the fund.

What I have in mind is a commercial office building conversion targeting health care practitioners; dentists, doctors, chiropractors, etc.

If you were turned off, simply because of a membership fee, then you are not our target audience, and that's fair.

I bought a 3 family with bullet holes in a window...the house was shot at in December, I purchased in April as an reo in June...I didn't even know it was shot at until after I bought it, but I got such a good deal even if I knew about it, I still would have bought it...all the neighbors informed me about the incident and were so glad the targets were gone...believe it or not this is a nice area 2 blocks to the ocean...ive owned this house for a year and a half now and have since bought 6 more units all on this street, no more shootings since the gangbangers left that street

I try and keep my properties loaded with as much debt as is comfortably serviceable just to have the cash to do deals and to keep the property from becoming to big a target for lawsuits.

I am targeting some sub 300k mutifamily at phoenix area and I thought that if the number works, the banks should be able to lend right?

Sellers lie, they don't tell all, so that could be why the numbers look good.OTH, if youare looking in an area that is targeted by city officials to clean upan area, where there is community involvement by organizations to rehab areas, then that "bad area" can be a steal of a deal for what the future may hold.

After spending almost every day in my target areas, getting to know the streets and neighborhoods, and chatting up anyone in a 5 foot radius, I have made some progress!

If it's a good deal leaving the investor within his target ROI, your skin in the game would be less of a concern.In your example, the only thing the investor would take into account is $50K purchase, $40K repair and the ARV.