They are very dialed in, raising capital per community, and then cash out refinancing and returning capital.We had considered this model for a portion of a development we are working on, but zoning only allows 20% of the site to be attached doubles and I don't know if I want to try to convince them otherwise. 

OP what type and size of deals are you seeing flow? 

I'm currently a Georgia license holder and just need to take the Texas state portion of the exam.  

They offer relationship-based lending and tailored loan structures—not one-size-fits-all programs.

So the year you actually take the catch-up can affect the size of the benefit.

They’d only receive a step-up in basis on the part they inherited when your parents passed away.Your portion, on the other hand—since you inherited it entirely—would generally receive a full step-up in basis to the property’s fair market value at the date of death.

These were on mid sized apartment buildings 20-60 unit types, not houses so that may be the difference.

Yes CMHA is a great tool to use and have as a portion of your portfolio.  

I understand better when I have numbers in front of me.For simplicity, lets say there was no depreciation and no realtors fees.So lets say that the purchase price was 200K and I put in 10k of money for remodel into it, sold for 250K so my taxable portion is going to be 40K?

If I do not take on the properties, he will sell within the next 12 months to an unrelated party and I will never receive any portion of the proceeds.