No pre-screening.

Since you will have what I assume is an atypical unit mix, you will likely need to look at what different unit size buildings are selling for.I.e. 5x 1/1s are $250k/door.  4x 1/1s are $265k/door and 4x 2/2s are $325k/door, you could assume covering to a 4 unit will value the property at around 1.12mm (3x265 + 1x325)vs 5 one beds being worth 1.25mm.  

I don't know any brand new STRs that hit the normalized numbers for the cabin size in year 1.  

I’ll have to get pictures , not sure size .

Quote from @Michael Smythe: @Trent Paulk what are you going to do differently to screen a new PMC to avoid what just happened?

For the purpose of this exercise, I would like to start by separating syndications into two categories: (1) smaller capital raises that will only attract the friends and family sized checks because they require too much brain damage for those with the larger check writing capabilities;  and (2) syndications with capital raises large enough to fit within the investment parameters of true private equity/family office check writing capabilities. 

There is one that reports on-time, late payments and debts, does not require renter consent or signup, and works for any size landlord (1+ units). 

As the deal size gets larger, this should get lower. 

Now the rents have skyrocketed over the past year and we find we could be renting to a regular sized family for about $200 less than what we get now!

@Kamryn DeVaultTo invest in a duplex, consider factors like neighborhood quality, economic stability, safety, property condition, cash flow potential, financing options, tenant screening, lease agreements, future potential, legal and zoning considerations, maintenance and management, networking, and starting small and scaling.