If you've got a good income and a good credit score your deposit is more like $1000.Why do these very sophisticated PM firms like Essex and Prometheus offer such easy low-cost move-ins?  

Hi BP community,
I recently invested in a real estate syndication as a passive non-accredited investor. Syndicators that I have spoken with say there are no limits to investing but I wanted to see what others had to ...

It is harder than single-family because apartment buyers are much more sophisticated.

Then of course it depends on whether it is a "cash flowing" or value add opportunity and the expertise, sophistication and experience of the GP to make things happen.

All investors are sophisticated with at 50k minimum investment, and since I have personal relationships with all of them, and I won't be advertising this publicly, they won't need to be accredited (that is my understanding). 

Getting a single large client can be great - but that person will quickly realize that they have you by the proverbial short hairs and can really jerk you around if they want to.Also, if you grow quickly and suddenly need to add people, getting paid after work is done can really create a cash crunch if you need to meet a weekly pay roll, or if you're suddenly consuming 500% more gas, consumables, materials, etc...

This is what will get their attention and convey experience and sophistication.

Additionally, my wife noticed Square offers a pretty stream lined process to deal with payroll, but we still don’t have a bearing on a clear step by step process to make sure we have it together.

You need to start tracking your basis in your S Corp stock, which will fluctuate from year to year.Third biggest piece of advice: start running payroll for reasonable comp if you haven't already.Now...we're to the returns. 

From a liability stand point, the PMs carry their own insurance, licenses, handle payroll, etc., which takes some risk from the operators plate.