It would be a big red flag to me if they are doing a lot of volume in this market. https://www.biggerpockets.com/member-blogs/10145/83067-limited-partner-s-guide-to-investing-in-the-right-deal

If the net cashflow is negative, it's treated like a debt/liability for DTI.

My view: As the 10 year rises, markets with inventory get even more inventory and markets with limited inventory get even less inventory. 

There are some places that you pay dues every month or every year, so sometimes you're buying a liability.   

Guys - I am a limited partner & invest in a multi-family building passively that was sold resulting in passive gains for 2024.

In some very attractive markets like coastal cities I can see it being worth it not to rent the unit or rent it only under very limited circumstances in the low season because the high season is just too lucrative to allow anything to affect those bookings.

I would also note your mention of not wanting liability, but offering to "co-sign".

Last, you can do an unlimited amount of repairs to a home using a 203k renovation loan (up to the FHA loan limit), including knocking down the house and building a new home!

Generally speaking solid insurance and a good umbrella policy will provide ample financial protection for most liabilities.

A balanced market is typically around 6 months of inventory, so a lower number represents a seller's market with limited inventory.——————————————————————————————————📢 Second Largest In-N-Out Burger ConfirmedIn-N-Out is bringing a retro vibe to the Strip!