When initially I was intending to put down 10k, I'm not sure I even want to be part of this deal, GC Capital, or any syndicator in the future.Forgive me for the rant, but what really irked me was: the lack of any concrete financial details at all.

We agreed on contract for the architect to assess progress for payment but he ignores the architect and simply invoices me directly.

To give you more insight, I recommend holding simply do to the fact that Cobb County has no initiatives or plans of builiding new apartment complexes.

@HJ Wang When you say your Solo 401k is set up at Etrade, do you mean that Etrade provided the plan documents, or do you have a Solo 401k with a self-directed provider and the account at Etrade is simply an investment account for the self-directed plan?

If you're honest and straightforward, not manipulating anything, not doing anything funky, then it simply will not be effective marketing (b/c the competitor who is being manipulative is going to put prettier numbers up, so that's who gets the business). 

They cannot simply pay the total amount due.

There has been new regulation voted on in the earlier part of 2021 that will phase out new permitting for owners of these RM zoned properties throughout Nashville starting on Jan. 1, 2022.If you purchase a property in this zoning, close, and apply for your permit prior to Jan. 1, 2022 then you will be grandfathered in on this zoning and your STR permit as long as you keep your permit active with a yearly renewal fee (currently $320 with a credit card).However, if you purchase a property in Nashville that is currently an STR at a current income-based appraisal approach in these zonings it is important to know that you will more than likely not be able to resell this property to anyone else under this appraisal approach and could greatly affect your long term plans of these types of properties.I have had several other realtors, investors, developers speak with me recently with the solution that they could simply put the property into an LLC and then sell the whole LLC in order to skirt around this new regulation.

I'm guessing it's due to the lack of available rental units. 

Jay, Curious if you ever got answers away from the forum or just ended up punting on the entire idea for lack of clarity?

I have noticed that Orlando is lacking in ideal multi family properties.