Everyone of these I've looked at understates expenses, and they may give you an above market rent to make it look good.

Jim - I like the idea, but I'm more about being understated, particularly when it comes to soliciting donations.

If they're under 50%, somethings being neglected, understated or overlooked.

IRA protections are governed under state law.

A LLC is a formal business that is formed under state law.

They have a fee schedule for joining their site, where you can create state specific leases, and prompt you during the creation of the lease what is allowed or not allowed under state, and in the case of New York City, city codes.

Here's just one of them:https://royallegalsolutions.com/series-llc-underst...

However, these expenses are only ~ 10%, which should be a sign of missing/understated expenses.

Ive been looking at these listed properties on co-star and have found that the properties have already had the value added OR the data the broker has is completely false and expenses under stated etc.

While I know the proforma income is most likely overstated, and the expenses are understated.