Just read an article I  wanted to share on physical security strategies for multifamily properties. It covers real-world liability cases and outlines practical steps owners and managers can take to reduce risk, improv...

You essentially need three "main" categories covered:1.

3) Any specific states you recommend to set up any of these (Not sure where I'll be purchasing property yet, maybe Detroit, maybe Cleavland, maybe Augusta, maybe Des Moines, maybe Saint Cloud, maybe Memphis...)4) I already have a LLC based in Hong Kong (We call them limited companies, but the principle is the same).

So, the amount shouldn't matter.Your friend's opportunity cost of lending you the money instead if investing in a strong performing mutual fund let's say is about 15% - 20% on a good year.  8% - 12% on down years.I have a PM deal I am negotiating for myself and we landed on 12% APR which is essentially 1% per month. 

I've learned of several other LPs in the same boat through the Kelley Clarke Law firm that is representing several of us and through the Reddit forum linked below.https://www.reddit.com/r/investing/comments/1hq19lu/wavemark...A principle at the firm suspects they are under investigation by the SEC. 

Running these numbers, the mortgage including interest, principle, taxes and insurance would be $2596/mo.

Every extra dollar you put towards it will save you 6.375%, so it's basically a savings account with the same rate.If you have an emergency fund, need cash for other investments, and like to leverage debt more, I'd save all extra cash for the next investment and not pay extra on the principle. 

His focus is on delivering high-quality, cost-effective residential and commercial properties across the Midwest.He owns and operates multiple companies and applies lean manufacturing and production engineering principles to streamline construction processes, minimize waste, and maximize ROI.

I get the general principle, but just curious if anyone here has used this strategy successfully/unsuccessfully and also if anyone has used assignment contracts to get it done?

Ironically it’s essentially the same monthly amount I am paying but split up 4 ways to be paid weekly / every 7 days.