Its very fulfilling starting your own company, creating local jobs.

I am a 30 year veteran of distressed SFR investments.I have been approached by some individualsthat want to create a fund not LLC and then buy distressed SFRs in specific areas on the East Coastpossibly Atlanta > I saw the topic on that AtlantaLLC > and I find it very hard to believe theyare giving a 25% that quickly.I am older and retired and most likely will passAnyone here been directly involved doing thisyet?

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This avoids duplication of closing and financing related costs, creating a win-win situation.Thanks,Z

Tenants sustain the property and the landlording business and bring you liabilities - not money.

I look at it as boosting the local economy by creating jobs...And you should never be afraid of competition.

Us west coast dudes get all excited about snow since we rarely see it, not counting the mountain trips in the winter.It is 33 degrees here at my home just 45 north of Los Angeles, and the freeway running North to South by my home is shut down at my offramp as the snow is creating hazardous conditions just north of me.

With regard to all the infrastructure jobs that will supposedly be created by the new administration - do you really want Chrysler engineers designing and Chrysler assembly workers building your bridges?

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Should I do a subject to with seller and create a second note with them for some of there equity?