That's super helpful, and always something to keep in mind and watch out for. 

Do most people get the property under contract in a single-member LLC and then assign the contract to the syndication LLC during the DD period? 

I have an outdoor pool that easily have 1k+ people using it every season and I never had single complaint due to the water quality.

Personally, I bought a 3 bed single family home soon after starting my job and had two friends from college rent which covered my mortgage plus a little extra.

As far as the appraisal discrepancy, it doesn't sound super egregious considering you didn't do any work to the property.

Hey Diandre,Are you looking to bundle them together and do a cash-out portfolio refinance, or are you wanting to keep them as single assets and refinance them that way?

they won't pay super high in that area according to my experience. 2bed is paying 650 to 750 let me know if you manage to get higher than that.

Quote from @Kash Tacke: Hi,I have two single family houses in Detroit currently rented out. 

I have liquid assets and want to make smart, scalable investments that balance cash flow, appreciation, and low risk.GoalsGenerate consistent cash flow to diversify my income.Maximize appreciation potential for long-term wealth growth.Invest in areas with low crime rates to minimize risk.Reduce my tax burden for 2024 with real estate purchases.My Current ThoughtsI’m torn between two main strategies:Multifamily Properties:Looking at markets like Austin, Raleigh, and Tampa for 10-50 unit multifamily properties.Love the scalability and centralized management, but I'm concerned about high upfront costs and competition.Section 8 Housing:Considering affordable markets like Memphis, Cleveland, or Indianapolis to purchase 5-10 single-family homes.I like the government-backed rent stability, but managing multiple properties across different locations seems intensive.Key QuestionsWhich strategy would you recommend for my goals and liquidity?

Flipping works well if you’ve got solid contractor connections, while rentals (like single-family homes) can be great with a BRRRR approach.