I tried using the biggerpockets rental calculator this morning and the cashflow was negative, but I may have been too conservative with the numbers.

I’m also glad the FCC is cracking down on robocalls for lead generation; it forces people to commit to real prospecting instead of cutting corners.Over the years, I’ve run a solid brokerage team, training agents and now I help people get into wholesaling.

Being "boy wonder" can lead to ego and pride definitely comes before the fall. 2) Irrelevant.

Also, the fees plus being a forced buyer with a deadline on a 1031 exchange may negate the small tax savings.

Seems like you should not have to but showing they broke house rules leading to damage may help. 

Yes, most syndications have the leads put substantial money in to start the thing.

These tasks often have long lead times and can cause delays if not addressed promptly.

- FYI: it's only illegal to try to rent it out, the property owner can usually legally live in a nonconforming basement unit.If you do all this you may still negatively cashflow each month, so make sure your income can cover and/or your cash reserves.If you do this successfully, you will learn more in 1-2 years than you would reading here on BP for 5+ years:)Good luck:)

But if you are okay with negative cash flow and want more the appreciation, new builds are definitely the way to go. 

 @Jessica Frisk I would not be keen on the 15-yr fixed rate mortgage if that makes you cash flow negative.