POINT is, $3T in liquidity injected into the system can translate into something more like $25T actual operational capital in persons/business's hands. 

Bear with me here:Raleigh population: 423,719 (local unemployment 3.6% = 407, 945 employed407,945 * $53,653 aver local salary = $21.9b total annual income of area50,000 AMZ jobs * 100,000 aver salary = $5b incremental annual income from AMZ$5b / $21.9b = 22.8% increase in annual income from AMZNow......I realize that not ALL of these 50,000 AMZ jobs will be injected into the Raleigh economy in one year, but if it takes two years, thats roughly an 11% increase and three years 7.6% (holding local area income stagnant over that time frame, which it wouldn't be)If you broaden the same calculations above to include all of Wake County, the numbers are obviously less impactful (8.5% annual increase in County-wide income in one year), but not immaterial IMO.Another simplistic way of looking at this is the average AMZ salary of $100k is almost twice that of the average Raleigh salary ($53k), so the argument could be made that that's almost like adding 7,500 jobs (as measured by purchasing power) to the local area.Again, I realize these are VERY simplistic arguments and it wouldn't take much to poke holes in it if you really want to parse it, but I do think it makes a solid case for it being a material impact on our local area here in RaleighThat said, I'm certainly not suggesting anyone invest here locally based on just that alone.

Being a bit young and nuts I went here to invest in real estate myself, ended up doing a startup in the real estate industry and now run a real estate consultancy and brokerage myself with my wife and some local partners.I'm trying to inject a bit of Australian integrity into the process and have run through it myself a few times (have a number of properties here).

You'll bring a downpayment based on the total project cost and you can get seller financing to help with some of the equity injection. 

So, pros and cons, but as a longterm investment, little has as strong a track record as publicly traded stocks.Just injecting a balanced perspective into the (rightly) real-estate-favoring conversation!

By keeping $$$$ in the "FLOW", you remove the need for injecting $$$$.

And others still are raising preferred equity to inject liquidity into the deal.My question for the experienced capital raisers on this forum is this:-What’s least bad?

any ball park idea what type of tax savings would be on that kind of injection .

Or to Axel's point reinvest cash flow, so your houses have babies and the portfolio grows without further W2 injections from your heavily taxed paycheck.My point is to find the right balance between cash flow and equity, and that balance is different for everyone.

Hi Vince,Re. partnering:I would not partner with a new-bee (or a more experienced person) and give him/her majority on all key decisions.But that's me, you guys may be different.Also, if I were on the non work side, I would move slowly, one deal start to finish at a time.Meaning one buy, rehab, rent up, asses the numbers, do it again,,,, if the experience is good and the personalities do not clash--(else shut it down).Be watchful of rehab spending and renter SCREENING, as well as neighborhoods.Go visit  the property while it's being rehabbed looking at the quality of workmanship, and speed of finishing.Talk to your tax pro about how to inject money into the LLC, and have an attorney draft the operating  agreement.Watch the movie "The Super' with Joe Pesci.Good Luck!