If you’re building spec homes and looking for a line of credit, both options, local banks and private lenders can work, depending on your situation.

Depending on the development of the software, it would be interesting to see if AI can replicate the role of a listing agent.

It seems that most of the BP influencers I have seen over the years have stepped into MF syndication with varying results.

This depends on the HOA and the insurance.

I guess it's all dependent on how much equity you can provide to a house during the rehab portion of the BRRRR method. 

Depending on where you live this is not a great time to rent in my area. 

It simply depends on your time frame, when you want to actually begin renting the property out short term, and what the loan terms are.

There may be requirements to cover the trash service depending on the town.My first commercial loan was 30% down, 20 year term (adjusting after the first 5 years). 

@Rud Sev, I would ask the syndicators you are considering if they have any sample K-1s they have issued in the past to try to get a general idea of how they treat their common taxable items.There are a few things that are likely needed to be outlined:Your capital account balance for the investment, i.e. how much money the syndicator is saying you have outstanding at any time and used to calculate preferred returns, can vary from your taxable capital balance shown on K-1.  

From what I’ve heard, 25%-30% of profits is a safe estimate depending on your tax bracket.