Or did you individually rent the place to one person with one bathroom and then to two people using another shared bathroom?

The idea of my thread is to share my experience and check if I can get advice and emotional support from like minded individuals but unfortunately the post was not properly understood and only people who are either PMCs or associated with one have answered.

I mailed over 3,500+ postcards to private individual note sellers in TX.

I am excited to be part of BP and look forward to growing and learning from experienced individuals.

@William CoetThe big players definitely approach these markets differently from individual investors.

I have the reserves to weather defaults and my team knows their portfolio level numbers, so it's just a matter of getting note investors and lenders on board.15 years payments and 50% LTV are the limits we're seeing for each individual method by the way.

I also found Brad Sumrok's apartment investing program ($35K for you and your spouse or $25K individual) which is also based in Texas. 

If the dues are exorbitant or there isn't a clearly defined value being brought to owners, maybe pass on it, but I'd say by and large that STRA's are well worth what is usually a pretty small individual investment. 

Spending quality time with your kids and connecting with inspirational individuals are definitely enriching pursuits outside of real estate.

The tradeoff on the joint financing is going to be the (refi) costs associated w any transfer of ownership, HOWEVER transferring title to the LLC is unlikely to trigger due on sale (b/c it sounds like most banks simply aren't monitoring and/or enforcing due on sale in these instances) which would make the ownership (sans the actual mortgage note) more easily transferable than exiting your position as an individual owner?