All the ideas above are excellent, especially the calls for a "mini start up"...but I'm surprised to hear such a push for stocks.While investing in stocks in certainly a very common way to get people involved in investment, I'd argue that stocks are very easy to "tune out" rather than actively learn from.

(Regardless of the actual amounts, the concept is the same).(6% is a common cap set by the lender for seller concessions, but I'm not sure how that applies to the numbers you provided)Seller concessions to pay for buyer closing costs are very common.

Pretty common.

You'll have to pay electric for the common areas, there may be holes or marks in the stairway walls that no one will fess up to, insurance will be higher too.Good luck and let us know how it goes!

The IRS (pub 527) is not very clear (surprise) on this considering how common a scenario it is.Thanks in advance!

Hi @Jennifer Bayhi Gennaro, You can structure the acquisition of the Replacement Property so that you (1) acquire in your individual names as 50/50 tenants in common and then contribute into your own LLC as long as it is considered to be a disregarded LLC. 

We manage all over the country, and we focus on common pain points of investors, and then we refine our business model to make sure no client can every say we caused them similar pain.  

Purchasing the 11 units will give me enough ownership to become the president of the association and reduce common charges.

Common wisdom said that it's past it's heyday, but I'm finding nice pockets surrounded relative suburban stability that are just aching for some investor-inspired beautification. 

I've worked with a self storage developer and they're looking at common sources like local universities, retirement homes, proximity to multi-family properties.