.- The asset management is too expensive- The management required the LTV to be lower than 50-60 percent otherwise they don't even talk to you :)The concept is great in paper but doesn't work unless you have large equity and expensive assets.

I didnt know that the HELOC thing was classified as debt acceleration, and I would like to understand that concept more.

I believe I hear what you are saying though, for sure -- that it's better, more fair, and more likely to get deals, if you yourself can show up to the table offering something.... in hard cashbut you still have to know how "fix and flip" works, how to renovate something, how to negotiate.... what contracts to do, how long things take.... etcthat was the concept I liked about Gator, is that it's a team that passes that niche off to the other person, who is good at that - and they can all structure deals together.... you have the deal guy.... the money guy.... the fix and flipper guy, etc. -- and they find deals that could be good for all of them - and everyone is helping each otherI think BiggerPockets will be a potentially pretty reliable place - I know that there's different roles, "finders", "buyers", "sellers".... maybe I can just find deals, and connect people together, and get some kind of small finder's fee for it, or something.... ok so that first 10-20k is important to just be able to provide - when getting into this....

It was the second book I read, I have all the notes, I'll share here. https://docs.google.com/document/d/1blQFIKSls6JDHdl7srVMhXd8...The book mostly talks about investing in different states, and how to keep contractors honest, and monitoring renovations, but many of the core concepts are the same.

I love the concept especially given the need in your market for storing things like snow machines, boats, rvs etc, but also for repair or general "fab shops".As long as you are seeing the demand in your specific market for these spaces, and perhaps its worth getting some leases signed up prior to breaking ground but thats a personal preference thing, I think the numbers look promising if the use case is there.

Also, I am COMPLETELY confused about what your concept is and what you hope to achieve by buying 10% of PMC's.

I understand the concept how you have described your services above but the home was not "rent ready" or had the number of rooms advertised and that is the biggest issue here.Our contract was about a year ago and the reason why I am responding now is for two reasons 1) to warn other buyers and 2) because a potential buyer of yours actually reached out to me and suggested that I post my story on this platform.Keep on responding Katee.

Lastly, if you still decide syndications are appealing, get educated on how to vet the lead sponsor (including deep background checks), the market, and the deal itself (even though some concepts are similar, it is not the same as the single family long term rental analysis).

Problem: Not having a mentor - piggybacking on the concept of an accountability partner, most people underestimate the value of a mentor.

It's not a real common concept here in DFW area, but I love it.Buyers have no downtime, no rent rate risk, lower vacancy risk, potentially instant cash flow day 1.