How does this process work, and what does it entail?

I’ve been able to achieve financial freedom and create a better balance between work and personal life.

Now, different properties meet different peoples needs best; some want lowest price, some want closest proximately to work, some want largest accommodations, everyone has different evaluation to arrive at what will work and what rental they’re willing to pay.

Quote from @David Gruszka: I wouldn't touch this applicant with a ten-foot pole.The drug felony is old enough that it may not matter as long as she has maintained steady work and kept her finances straight.

As part of the renovation, all of these were remedied however the violations were not cleared as I suspect the renos were done without the full permitting.The purchase agreement had a requirement to clear the violations prior to sale but the Seller and I agreed a fairly substantial seller credit to clear the violations as it was recognized there were risks around the renovation work and potential non compliance with permits that I may have to remedy.

Finding a property, negotiating a deal, securing a tenant, and managing a rental is seriously hard work!And

Any return will be great so many are not returning anything and asking for Cash calls.from my personal perspective I would do anything I could to NOT syndicate and subject yourself to those risks in case the deals don't work .. they don't work and you get massacred on SM etc etc.Myself I would, if you need partners go for just a very few in more of a JV format with you as the managing member.. 

If so, could someone explain how construction loans work and share their experiences?

Usually no permits or consultants needed $25-$45 per sq ftLit Rehab: includes cosmetic scope, plus updating Kitchens and baths, maybe new mill work and doors, perhaps some updating of HVAC systems or MEPS issues.

Between work and kids it’s always tough to make them.