I just got back on to BP and boy have I missed these types of threads and insights.If you are non-accredited and sophisticated, find Sponsors you can talk to that you get to know. 

I think the OP is talking about property tax not income tax ??

Talking to people who’ve done deals in your market, both successful and unsuccessful, will give you invaluable insights and help you develop your niche.I know that’s a broad answer, but hopefully, it gives you a good starting point!

Not sure if you are wanting to move OOS or just invest OOS, but I would love to talk some more about it to see if there is any way I can help guide or answer questions for you.

Agreed but Sole Prop will accomplish this without all the hoops you're talking about.

After talking to my guests and understanding their needs, I shifted my approach.

@James Hamling I agree, I didn't see where Ivan talked much about his team and networking contacts but for me those are most important to me being able to stay relevant and successful in my local market.

Determining the cost on something like this is only something you'll be able to find out by talking to the city.

I can say in Detroit the wholesaler your talking to has most likely found that deal from 2-3 other wholesalers, they literally have to payout 2 - 3 other parties to get the deal and this is what the fees are high and the deal makes no sense.

I would be happy to talk with you and learn more about you and your goals!