Then, presumably when you do realize it for retirement down the line, having been taxed every year on 5% of it in NZ, the US will then tax you on what is left.  

Their intent was to take possession of the property by end of this week presumably the 8th which is tomorrow.

"Seller" allowed a syndicator to "buy" the deal by paying "seller" presumably a lot of money and an agreement to take over all operations.  

(I had just presumed - perhaps wrongly - that much larger buildings (say 12, 20 or more units already have a live-in super or some other arrangement in place...)

Presumably, if not improved, the community could find some insurance coverages in peril next time a major storm rakes thru.I almost wonder if the individual property owners have any suitable coverage in their own insurance (protection against special assessments) ...

The players you mentioned should suffice.Sounds like a great starter deal esp. since you know (and are presumably comfortable with) the n'hood. 

@John Lee I'm presuming that your original offer had a time and date for expiration and that has now passed. 

I should incorporate right away (or when I'm getting close to buying my first building), for a few reasons:- liability protection- establish the business (and its creditworthiness)- looks professional, as it should be if I'm going to own a quadplex, and then maybe more buildings later (presumably all buildings can be under the same corporate name)As for financing, hopefully by the time I need to apply for it, I will have established a good credit reputation and have solid financial statement to qualify for financing or even a business credit card.

Is it event worth it to consider this just because neighbors are upset, even while rent is being paid and house is presumably not being destroyed (yet)?

Ahh I presume this is for STR if you're doing marketing efforts then?