There are quite a few syndicators who have been around longer than five years and have excellent track records.

Eric,Pueblo has a lot to offer - Arkansas River Walk, Pueblo Reservoir, Arts Center, Family owned restaurants, Arkansas River activities, close to mountains, Colorado State University -Pueblo Campus, Pueblo Community College, home grown produce - known for peppers, and pumpkins, less traffic, driving distance to Colorado Springs and Denver.  

No doubt that you provide an excellent experience for your landlords.

But to the excellent point above, for liability you should definitely go higher and it's usually not too much more expensive.

Look in the events tab for Zen and the Art of Real Estate Investing.

The value of the land is estimated to be about 35% of the total cost of the project, I have an excellent credit score, high income and very low DTI so qualifying for a loan would not be an issue, other than the fact that I am not a GC.

However, another rent-by-the-room company called HomeRoom does an excellent job souring and managing tenants.

If you are tracking depreciation for purposes of repairs and maintenance (like anticipated timing of a new roof for example), you could probably get away with using excel and then just manually booking a journal entry.

However, its' more of an art than an exact science.

Dealpath seems like it could be a great fit if we scale as projected over the next 3 years, but I want to make sure we're choosing the best tool for our needs.Ideally, we're looking for software that allows us to integrate our existing Excel models and helps with deal organization and KPI tracking.