I have two main goals of posting today 1) To let folks know that it is possible to successfully invest in higher priced cities with little money out of pocket, and 2) To build relationships so that I can partner with other individuals and acquire properties that perform at or above a 12 percent Cash on Cash return (whether through private lending or a structured partnership).

It is an Individual Retirement Account that allows you to invest in alternative investments such as real estate, notes, loans, mortgages, private placements and so many other things.

He sells the individual lots then to home builders and end users who hire contractors.  

It is easy for each individual tenant, just run a revenue report and filter by sub account.

Make sure you are accounting for both if the property is in NY.It would be with phoning the individual utilities just to confirm the numbers the owner is giving you. $1010 seems like a nice round per unit cost.

Here's one article from the IRS discussing this issue:https://www.irs.gov/individuals/international-taxp...

             Hello Bigger Pockets Family,My name is Fabian Moody, I am new to bigger pockets but a young driven individual investor from Birmingham, Al.

You need to surround yourself around more like-minded individuals and learn as much as you can. 

(I'm not looking for anything specific, just would like to meet some like-minded individuals). 

Hi @Jennifer Bayhi Gennaro, You can structure the acquisition of the Replacement Property so that you (1) acquire in your individual names as 50/50 tenants in common and then contribute into your own LLC as long as it is considered to be a disregarded LLC.