There are many challenges that I'm sure I'll run into and I'm really excited about the learning opportunity but worried about the feasibility.

@Josh Detweiler Syndicating this asset might not  be the usage of your resources because syndications are expensive to setup and run.

When I run the numbers at 40% vacancy it looks like a bad investment, at 30% a decent investment and at 20% a great investment.

I was suspecting that there would be a push for signing up for something because events like this there's always something they want you to buy.Now I totally understand the need for having a system in place to efficiently run a business.

But it shows how important it is to run a professional business from day one: have a buisness name, a business address (I have a UPS PO box with a real street address) and handle yourself like a company would.

I have a deal under contract and am trying to decide whether or not I should go through with it. I was planning on doing BRRRR but there is a foundation issue that makes it unable to obtain financing.It is a 1200 sq f...

Be sure to do your due diligence and run the numbers.

For example, the preliminary appraisal for one property for which I paid 54k, , is around 67k, according to one lender running comps.

What this does is when this person goes to rent another place and their background is run these will pop up and the person looking to rent denies them.I don't know if there is such a thing as a site that warns landlords of tenants.  

@Ryan Enk In an environment like yours, it's a good thing you run them on leases.