I did not drive it in preparation for this “review” so I was not able to personally gauge the atmosphere there.

Just wanted to look into what is available and what works best so I am prepared after we close.ThanksHenry

@Or Yeger Yes I agree with Dian I worked as Investment Analyst for a Private equity, for a while and Did a lot of Land Banking and NPN, the only thing I disagree is the returns try more like 3.1% in this current market. also be careful cause, some people that may sounds knowledgeable, may really think they are but don't, know specially a complicated subject that not everybody in Real estate knows like NPN.

This looks to be some place special

Not a specialized niche or technique that worked for one person.

Showing them that you know what you're talking about, you've identified the risks, and that you're prepared to go forward to implement a solid plan will give your stakeholders a little bit more of a warm and fuzzy on your behalf.Hope that helps.

My advice is to be very prepared about what you are going to be getting yourself into.

Prepare for them and always make sure you have margin.

In the event you sell, all of the accumulated passive losses will get written off in order to lower your overall tax scenario.If you use the same tax preparer (or the better self prep software packages), those passive losses should get "saved" every year and then will be available to use when applicable.

May I ask what your speciality is in accounting ?