Purchase price: $814,000 37-Unit - HUD Section8 HAP MultifamilyOverall the project was situated decently well at closing, occupancy was mid ~85%, and overall the property was in very nice condition.

Not aware of a lender that will allow a rookie to do this.Recommend either starting smaller and working your way up to this or partnering with someone you can learn from that can be your lead with lenders, etc.

Remember syndicators run a business, and they invest in almost all market conditions.

Make a plan that eventually leads to owning property that throws off cash after you purchase it.

To be fair, they sold me the home, so as long as it ends up in the rentable condition noted in the purchase agreement, I see no responsibility on their part to stick around for another 2-3 years.

In California, a tenant is considered an “at will” tenant if ALL of the following conditions are met: (a) the individual occupies a property, or room within the property, with the owner, (b) there is no agreement for the occupancy to be for a specified period of time; AND (c) the individual occupying the property is not paying, and never has paid, any rent.

I'm afraid if you don't get a handle on it or let them go with a referral it could be detrimental to your business and could quite possibly lead to negative google reviews. 

Keep in mind local zoning laws and market conditions in Portland versus Salem—Portland might offer higher rents but stricter regulations, while Salem could provide better cash flow opportunities.Your design approach has proven successful, so continue focusing on appealing upgrades like kitchens and bathrooms, but prioritize cost-effective and durable materials for rentals.

Most townies looking to gawk would come to an open house and open houses are usually done only for houses in nice move-in condition.

Sub-to is an army of poor ignorant being lead by a handful of savvy opportunists.