In the scheme of Multifamily Syndication, $25K for education and mentoring is a drop in the bucket compared to the cost of doing it wrong.My wife and I had 6 SF rentals when we found Lifestyles Unlimited about a decade ago. 

Is prohibitive zoning intentional as far as economics or more so other factors? 

A factor I am frequently discussing with clients is the nature of our current market shifts in Texas.

I could partner with someone and probably put close to $100k down but need to factor in $10k for first year expenses into that as well.

Some groups seemed to be focused on using you as their cash cow to fund the organizers lifestyle. 

Your FICO will also be a factor. 

I’m simplifying the numbers here to focus on the main concept, so I’m leaving out factors like expenses, improvements, property management, repairs, etc., for now.Here’s the scenario:- I bought my house in 2022 for $1MM and used it as my primary residence.- In 2024 (after 2 years), I moved out and converted it into a rental.

It considers factors relevant to renting, like payment history and outstanding debt, so a low ResidentScore can indicate a higher rental risk even if it’s not a traditional credit score.For declining an application due to a low score, here’s a respectful and straightforward way to word your response:---**Dear [Applicant’s Name],**Thank you for your interest in renting [Property Address].

The choice depends on personal goals and lifestyle preferences.Good luck!

Those numbers are also factoring in self management.