Many people here have advised against leveraging your equity, and I respectfully disagree.

@Kevin, While i value your opinion, i respectively disagree.

Did you enforce whatever consequences there may be when the first tenant was late, the first time.My best advice is you have to enforce the lease and make sure your manager is enforcing the lease too.It's your business, your investment, you need to respect it so other respect it too.

I say this with the upmost respect with your interest in mind.

. , @William Collins and @Austin Fruechting did in 5, 2.5 years and 7 years, respectively, buy using the BRRRR method on acquiring rental properties?

Working with property managers, you can have access to a lot more than just 1 unit; however, they have their own system in place and as a tenant you ultimately need to respect their system.For example, you can't just throw in your own smart locks, hire a vendor to clean the carpet, or your own enhancements, etc.

We would be happy to help you and your friends, answer any questions and try to alleviate any fears with respect to forming a syndication.

I went beyond, did more, was respectful and exceeded their expectations.

The leasing or rental of units in those two family homes in which the owner occupies one apartment of that home as his residence is not covered by this law unless: The homeseeker or renter is a recipient of public assistance or housing subsidy; or,The leasing or rental process utilized the services of a person or organization whose business includes engaging in residental real estate related transactions; or,The availability of such unit is made known by making, printing, publishing, or causing to be made printed or published any notice, statement, or advertisement with respect to the rental of such a unit that indicates any preference limitation, exclusion or discrimination based upon race, color, religion, sex, sexual orientation, national origin, ancestry, children, marital status, handicap, veteran status, or public assistance or housing subsidy recipiency.The following text is effective 07/01/93  

Lol -- spoken as someone from a place that respects property rights and individual freedoms.