Secondly, who cares what the ownership splits are if the gain can't be realized because the values are propped up/can't meet projections, the sponsor cannot execute on the business plan or the fee structure severely eats into the distributable cash when the realization event actually occurs.

I am definitely going to discuss a smaller entry fee.

@Yasmin Sharbaf if it’s not new construction, your agent would usually have shown you current tax records including what they list as square footage, especially if that was a known concern of yours.

Ask your Agent to read the notes and check HOA fees.  

This is due to the bills that come in such as the insurance payments, the property taxes, and other miscellaneous bills that come In.

Right now, when I buy off the MLS, I have an agreement with my agent for a flat fee. 

Do they leverage the purchase for taxes and depreciation?

Insurance has gone up quite a bit, property taxes and HOA fees as well.

security, fencing, a guard dog inside or someone stays there at night $1500carry cost of your loan/tax/insurance$?

Given the flexibility of our jobs, which offers nationwide opportunities, we have the privilege of choosing our permanent address anywhere in the country while remaining compliant with IRS regulations regarding tax homes.Initially, our aim was to purchase property in the Portsmouth, Durham, or Salem areas of New Hampshire.