Maybe because at the end of the year based on your earned income you can right off depreciation and other tax benefits that saves you $25K?

In metros perhaps there is always enough water damage, mold outs, fire damage etc to leave a limited supply of these props.

- Based on the certification requirements, it seems that becoming a MLO is fairly simple process even if you've never worked in the industry before.

It would be great to have a local group based in Central Florida so we could meet in person but I don't want to limit the potential of the group so I'd be interested to hear from anyone with these interests. 

That being said, your allocation to net worth/PFS should be calculated based on shares you own in the deal.

The reality is the assessments are correct, but when you do the math based on the tax rate (which in most locales has also gone up) our property taxes on our properties is up an average of over 10%…I know some will say “fight the assessments” but honestly I think some of them may be low (and truth be told I would guess less than 5% if people contest assessments).I am curious, have others started to receive their assessments - and were you in sticker shock?

Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

I would not invest in the Jammes Road area based on what we saw and heard there.

I just picked up another duplex, that will have about a 20% net cap based on cash purchase, all from FL Good luck 

We're based in Tampa and do a lot in that area.