I have provided them a letter from my broker about the amount that can be used.

They provide great returns, are easier to understand and represent a tangible (see it/touch it) asset with nice tax benefits.For those interested in investing with syndication groups.

These syndication can provide an 8%+ cash-on-cash return - providing investors monthly cash flow - and a 15-20% IRR over the length of the project.

The updates they provide are bare bones and usually only come after I've reached out to them asking about the investment.

If you like impacting the nation by providing affordable housing you can really put people in houses here.

Based on the numbers you provided, these are well above the debt service coverage ratio of 1.25 hence from a lenders perspective, this is loanable.

I was able to push back and provided more data, he adjusted to $1,335,000.

We have specific and unyielding criteria for this, which we provide to all potential borrowers in advance.

I used a property manager (before I was one) for (1) time & headache savings and (2) the value the property managers provide by economies of scale (marketing, discounts with vendors, etc.).

That is often a matter of opinion and will depend on the attitude of your municipality.Most municipalities do not require neighborhood approval, but will offer the public opportunities to provide input which will be considered.