It sounds like this might have been some sort of "creative financing" scenario where the buyer has $0 but is trying to cobble together 3 liens and 8 JV partners to buy something they cant afford.

OKC might surprise you with its steadily growing tourism sector due to expanding business hubs, cultural attractions, and its affordability compared to other major cities.

Sometimes, it’s all about finding the right nearby areas that balance cash flow with future appreciation to achieve your goals.Here are a few cities (there are more) just outside Atlanta that have strong RTP ratios and more affordable entry points, I suggest looking into:East Point, GA College Park, GA Douglasville, GA Lithonia, GA If you’re interested in any of these areas, feel free to DM me!

Buying a primary residence and then making a rental out of it is one of the simplest ways to afford a rental in the beginning.

We have a lot of investors that rent space  as Airbnb (limited to 400 units)  and room space to students from a local ministry school, as well as others looking for more affordable options.  

She realizes after we paid her and contractors she hired over $5,000 to get it painted , cleaned etc that we are out of money and she agreed to not charge us anymore but is still somewhat helping us and showing to potential renters .We have discussed different terms as I told her from her on out we can’t afford the monthly rate anymore .  

https://app.tango.us/app/workflow/BiggerPockets-free-Short-T...

YEs, it's cheating, but you won't be the first who has done this.Side note - I never understood why a college degree counts for S**t towards being a GC.

Seems like everyone I speak t a new lender the terms get better!  

You may discover the tenant can't afford the increase.