Hello, I have a few questions about acquiring projects with different partnership structures. 

That sounds like massive renos (ie new floors, painting...).Yes as you acquire more properties, the chances of having multiple vacancies (no matter how leases are staggered) increases.

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Consisting of 112 units located in a growing and stable area of Dallas. This property offers spacious townhouse like setting floor pl...

Denver is very expensive for a new guy who doesn't have loads of capital so a market like Missouri for example is intriguing for far cheaper real estate but then Id either have to move, improve the property remotely or simply buy and hold as a rental for X time. 

If you know where any more notes are that can be acquired for $.20 on the dollar please let me know and I’ll be interested in those that you do not purchase. :-) back in the day and not a big deal flow.. and all land contracts on bare land.. to put it in perspective. :)

Post pandemic, the secret is out and investors can no longer 'simply' operate a nightly vacation rental in most cities and regions.

This property is being acquired at $79K per unit, a sharp contrast to comparable apartments in the area selling for ~$140K per unit.

If the client is in CA the community property state laws may help here (not entirely sure) depending on when the property was acquired but it would be a great question for an attorney as Jason mentioned.If they were married and went through a divorce it would be worth looking into how the divorce paperwork stated how that property would be handled.

Considering that, you are likely going to see appreciation year over year, which essentially will be additional equity you'd capture just by simply living in the home. 

@Mario Morales, to echo Bradley, I would say this depends on what you are lacking in your own knowledge base.To some (probably many investors) the agent is simply an initial filter for them.