If you purchase a newer property that has been recently and properly renovated, you may consider using a lower percentage.The biggest impact on your cash flow will come from the property’s location.

Thanks James for the proper terminology.

While you shouldn’t categorize all tenants and it’s the landlords responsibility to properly screen, the tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property which combined will result in less time allocated towards management functions if self-performed or more favorable management fee structures if 3rd party management companies are utilized (which ties back to #1, as well).

With proper planning, this can be a great investment!

Used 0% cards and found private money to pay most of the cards.* Aiming to refinance with a rate-term dropping down to about $3,500/mo, so we could live for free.

The fact that a tenant is complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.7.

They give you a credit card and you can use Zelle with LLC.

There are three items required to make a successful partnership - Time, Experience, Capital.If you are a syndicator, you are likely expected to have time and experience.There is a lot that goes into being a competent syndicator - Proper communications, finding a good deal, communicating quarterly updates, networking with lenders, contractors, PM companies.You can gain experience by doing your own deals or working for someone who does(Ideally both).I personally think you should cement your experience before worrying about OPM.Best of luck

Connect with local investors and experts for a house-hacking strategy and ensure proper permits for rental properties.Good luck!

@Anish KoshyThere is a lot of information out there on how to do your proper due diligence on a syndication, including the sponsor.