People who went to college are generally the absolute worst at construction...left brain/right brain thing.

The more comfortable you have to live, the worst the numbers will be. 

You can handle it yourself, but if you make a mistake, it will be costly in terms of money, time, and effort to rectify.

Bookkeeping when it comes to real estate investments can get tricky.I often find the following mistakes occur1) They fully write off the mortgage payment when in reality the mortgage payment is broken down into Interest, principal paydown and an increase into the escrow account.2) If the property is managed by a PM company, do not factor in the PM Statement3) do not calculate depreciation expenseBest of luck in your search for a proper bookkeper.

Worst neighborhood on the West.

Make no mistake: syndications are highly speculative investments in a PROMOTER with limited upside, but the very real chance of losing your entire principal that are suitable ONLY for highly-experienced investors who understand the risk level and what it means to have no access to your capital once invested for 5 or more years after the investment.

@Steven Mendiola admire your gungho attitude, be sure to temper it a bit with reality, but don't lose you energy - it can help you recover from a lot of mistakes!

I told her that was a mistake. 

My mistake was locking in the 30K for the furnishing and construction to make into a “better” STR property.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!