Remington, I own properties in Athens and while the data/statistics/analytics might look great - there are many challenges with actual operations. 

That part is not as straight-forward.Such operating agreements are frankly costly when done correctly.

Let them know that there will be routine quality control checks/inspections so that if your third party inspector finds any issues with quality, the GC will be responsible for paying for the correction.These are just some theories that I think will help and plan to implement when I operate out of state flips.

That's how I see how these different businesses operate, by what type of properties they're advertising.Good luck on the exam, and good luck in your search!

Quote from @Jaycee Greene: Hey @Daniel Stegelman, how much are your operating expenses?

The most important part of a syndication is the person and company that is operating the syndication. 

If it's a layered LLC, most lenders will need to trace a warm body on the operating agreement which will involve a bit more paperwork trail.

Balance Sheet is a snapshot of the company's financial health at a specific point in time.Income Statement is a showing us the health on an operating POV.

So you still need to sign.Have you provided them a copy of the operating agreement of the LLC, certificate of good standing etc.

Are there any insurance companies that people would recommend for this investment strategy that do operate in the Austin, TX area?