My state has a good court website where I can better do my own background checks for free so that isn't an issue.

This is going to keep your bid honest, rather than lazier and keep your cash position stronger. 4) The only time you spend in this, is finding & closing on the quality assets and playing devil's advocates for repair/rehab/fixing costs.

AS noted we have two small positions and communication is very good reports are on time K 1s are on time.. of course we will see how it all ends up .. but for day to day operations compared to the horror stories you are hearing about other syndicators they are doing very well.Thanks!

I hope to use private capital to fund the entry fees in second position.  

Our end goal is to be in a position where we can be very selective and choose the clients and properties we work with so that doesn't happen.

However, if you're a W2 high income earner or business owner, I can't imagine it makes any sense to flip houses, mail mass post cards, wholesale, or build lead gen websites with the value of your time being better spent other places (such as learning about real estate and increasing your income through proven means), such as at your 9-5pm or growing your business, and your real estate is a long term process and you don't need "home run" deals to qualify or make it work.

If you have favorable terms on those first mortgages, you might find that a HELOC or a second-position loan is more cost-effective than doing a full refinance or a DSCR loan.

BTW, the rental property is cash flow positive.

Getting the federal return correct is the most important and with owning two properties, there could be some positive tax benefits.

Are we allowed to post links to zillow or other websites here?