Here is where I'm stuck at:- I transact leasing and sales for Commercial Real Estate so understand the product fairly well.- I have clients have have millions in cash to dispose due to their businessesWhere I feel stuck at in my life (30 YO this year) is I think I have the resources necessary in order to start a syndication, but how do you start one?

Has anyone here had any experience with this product?

I recall on the Upper West Side in the mid 90's the typical going rate was $5-10k to clear rent stabilized tenants out for conversions.

You're not just screwing some individual you're screwing with the neighborhood, the stability of families, effecting where they work, go to school, how they interact in the community.

I had a potential wholesale lease option on a seller of a condo in AZ who also had 5 more in the complex, but she was being unreasonable, not wanting to accept our terms, and the HOA didn't make sense.All in all it was a very productive day.

You know the product will meet all current codes and floors should be level etc.I do most of my infill builds in historic areas because I love the look of historic homes but not so much the layout.

Love investing in my 50k distressed houses with this product.

@Nathalie Hirsch There are certain 'safe harbors' and guidance from the IRS in connection with vacation home rentals.The IRS will not challenge whether a dwelling unit qualifies as §1031 exchange property held for productive use in a trade or business or for investment if: (1) the relinquished property is owned by the taxpayer for at least 24 months immediately prior to the exchange and a replacement property is owned for at least 24 months immediately after the exchange (the “qualifying use period”) and (2) within each of the two 12 month periods constituting the qualifying use period, the taxpayer must: (a) Rent the property to another person or persons at a fair rental for 14 or more days; and(b) The taxpayer’s personal use of the dwelling unit cannot exceed the greater of 14 days or 10 percent of the number of days during the 12 month period the dwelling unit is rented at a fair rental.

My wife and I want to help those that are less fortunate, and we eventually want to start a farm providing those less fortunate with the opportunity to work and have the food and stability they need.  

If you have a problem it will be most likely be associated with the installation, not the product.