L.

Anybody had any luck with it and what is the rent expected and p&l, pros and cons?

It is amazing to me how many people will trust their hard earned money with someone that was in middle or high school during the financial crisis.Beyond this initial search:Experiencetrack recordBusiness PlanAsset typeProjected returnsFinancial StructuresRights and remedies in legal docsRedemption rightsSupplemental Capital CallsOperations capabilitiesOwner/Operator or capital raiser for othersK-1 TimingUse of bonus and accelerated depreciation1031 optionsVertically integrated or outsourcedExperience of team through multiple market cyclesBackground, if any, prior to real estate and syndicationProjected returns net or gross of fees and carrySeeing full financials of current deals with budget vs actuals (if syndicator does not share, or only shares P&L delete their contact)Color on deals that went sideways or lost money and whyMarket analysisColor on why they like that dealRisks of the deal, as they see themDo they have third party audits, ideally from one of big 4 firmsAre they a fund or single asset?

Smith, individually and as a principal and owner of Nudge, LLC, Response Marketing Group, LLC, and BuyPD, LLC; Shawn L.

Quote from @Nicholas L.: @Lucas Moncadadefinitely, 100% house hack.  

Quote from @Nicholas L.: @Joseph Fennerinvest wherever you're locatedThe market is bad where I am and I would like to invest out of state where property prices are cheaper.

Quote from @Benjamin L.: is this doable? 

@Ryan Larsen what @Nicholas L. states is pretty true.Being a PM is NOT a high-paying, often not even a well-paying job.If you're set on that strategy, start calling up local large apartment complexes and asking if they are hiring.

Quote from @Nicholas L.: @Sire Dainfind some local meetupsgo to the local meetupsask the investors who they recommend for an agent that knows house hackingfind that agentvisit 50 properties with that agentand make sure you have your financing lined upgood luck 

Quote from @Nicholas L.: @Hillary Klumppwhat experience do you have?