Just make sure to vet them carefully.Overall, my advice is to keep things simple for your first deal.

I turn the tables on the wholesaler calls.. if i can get past the telemarketer and get to the owner I then explain to the owner how I can fund deals for them..

Another thing to note is that syndication doesn't really make sense for smaller deals since the compliance costs would be too much of a burden. 

I'm looking to purchase my first rental property and have been searching for a deal that would generate positive cash flow based on my projections.

Commercial deals are going to look at your qualifications as an investor as well as the DSCR value of the property supporting itself (at least here in the USA).For construction, you will need to look into licensing requirements such as a GC license.

Hi Vijay, Can you provide pics, the zip code and numbers so readers can evaluate your deal? 

However, purchasing the replacement property from an estate where your mother-in-law is the executor and other heirs are your wife's aunts and cousins raises potential related-party concerns under Section 1031(f).The IRS generally prohibits 1031 exchanges between related parties unless both the buyer and seller hold their respective properties for at least two years after the exchange.To stay compliant and avoid disqualification, ensure:The estate sells the property directly before any distributions to heirs.You hold the replacement property for at least two years.The transaction is conducted at fair market value with no prearranged agreements.Given the IRS scrutiny of related-party 1031 exchanges, consult a qualified CPA or 1031 exchange accommodator to structure the deal properly and avoid potential capital gains tax liabilities.This post does not create a CPA-Client relationship.

Her last deal she had a claim on the HVAC was leaking.

He would need to find a place to live,which would take money off the table for collateral in his next deal.

Purchase price: $160,000 Cash invested: $35,000 Another 1% single family deal in a transitional area creating long term wealth