Worry less about paying taxes now as taxes are historically low.

Their response to me has been that they are satisfied with a very low cash on cash return because it is better than they can get locally and because they consider a city like Seattle to be a safe place to invest as far as the government not seizing land, and because appreciation rates have been historically very good.

@Yonah Weiss I don’t have a degree but I would think that having knowledge of US history would be a benefit because one could find valuable historic properties that the average investor or person would overlook.

As @Marc Winter said, the City of Scranton itself has historically had some interesting political and legislation issues compared to its neighbors.

Our main focus has been small multi-family, and continuing to play a small role in the resurgence of these historically down-trodden neighborhoods.  

It historically has held up better than other investments through a recession. 

@Marilee Schueler, With the current historical low rates I would say waiting my be costly.

Much appreciated the inputs.We own these properties since February 2021, so not much of a historical record.

For a large property syndication, the banks prefer the LLC be brand new so that they do not have to worry about historical liability.Do they want to see history? 

This type of real estate investment is one of the most common forms of real estate investing in the US and has historically never been regulated by the SEC.The only laws and regulations that apply to these types of transactions are local city laws regarding the underlying property, anti-money laundering laws for general real estate transactions, and tax laws around real estate properties and income.