First, I’d check the sale documents and listing details to see if the property was explicitly marketed as a triplex.

But now you have a challenge of documenting both your time AND time of everybody else involved with the property.Now, to answer your question - is it possible from out of state?

It takes them forever to sign documentation and make decisions.

You can often get better rates with a national lender, but the customer service is non-existent, communication probably sucks, they may ask for the same documents multiple times, etc.

Mark, the good news is there is not any banks doing this.

I recall looking up their LLC in Florida, even though some documents mentioned California.If you’ve had any interactions with these people, please reply below and let us know your experience.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

My go-to response is always: Do you have a Move-In Inspection to document the home's condition beforehand?

Demand termination of the contract and transfer all documents, funds, keys, and anything else they have to you or the new PM no later than [DATE].

Now you have enough to pique your interest further, but it still gives me the hee-bee-jeebies.Next step is to ask to see the offering documents regarding the syndication.