We try to work out payment plans with tenants and are mildly successfulWhat are some rules and trends you have regarding rent collection?

I am also nervous about my move to the DC area wont work out and I will have this house as an option in case I want to return to the bay area and will never be able purchase a similar home if I sell it.

You could flip houses in your spare time but it is very competitive and capital intensive.

I am also going to talk to more of my family and friends to see if I could potentially work out a partnership.

Use this experience to work out the kinks and build a strong boots on the ground team.

Hope it makes sense and things work out for you.  

I'm working with some colleagues to tell the story of how real estate and multifamily syndications didn't work out as advertised for many investments made during 2021 and the first half of 2022, before interest rates took off.

Hey Kelly & Evelyn,I'm sorry to hear their Program did not work out for you.

@Sandrene SmartHonestly not trying to be mean but if you do not have $ for the EMD you should not be buying real estate as it’s a very cash intensive industry and you need $ for real estate

I have to admit that buying property with cash is more fun, less time and documentation intense, and saves on fees.