Pros: higher cash flow, guaranteed rent from the housing authority as long as you’re not in violation, tenants usually stay longer than private renters, and the regular Section 8 inspections help keep the property in decent shape from the many inspection reports I've seen.Cons: Inspections can sometimes be a headache, delays move.

The key items are voting thresholds for major decisions, who has day-to-day authority, how cash calls work, what happens if someone doesn’t fund, transfer restrictions, right of first refusal, and the exit or buy-sell mechanics.

No excessive fees upfront or during holding period4.

I was made aware this weekend by one of the investors on our Facebook group that Marco Santarelli on June 18th, 2024, held a "web seminar" again soliciting investors.

.: Quote from @Steve Cameron: Quote from @Johan Sigmundson: I sent this to Steve in a private note on here but I'll add this for everyones consideration"Its going to be hard to get authorities to act on this until the losses become real.

The housing authority already verifies income and pays their portion directly to you, which usually makes it very reliable.

Like what is technology stack (or tools you are using), I use chat gpt for editing and/or drafting written words, but I am still using the web interface which is difficult to actual automate things.

One thing to add, keep in mind that some people can run into cash flow issues when the tax bill comes due if they end up getting those losses, especially if equity was taken out at any point, such as through a refinance, and spent on something else.Also, to put on my accounting hat, which most won't see, from a bookkeeping perspective on the balance sheet side, you carry a deferred tax liability for excess tax depreciation over book depr.

https://dhr.illinois.gov/content/dam/soi/en/web/dhr/publicat...

While I buy more real estate, equities, and relax on vacations.Rinse and repeat and pass to on to familyI would think that if you had paid off rentals you would want each to be it's own LLC, you would want to use your excess cash to buy new properties to mitigate taxes, you would hold onto them in a Trust, your Trust would go to whomever you designate at your parting, you would pay little or no capital gains, they would pay little or no capital gains, you would borrow against them if needed instead of selling them, and you would spend your time doing something that meant something to you and others.