I am interested in investing in a syndication for the first time.

For a first time investor, I definitely recommend house hacking for most people as homeowner loans are by far the best in terms of rate and LTV. 

Section 8 can be a profitable and reliable resource but it is 'their ball, their court' so know the rules first.

I know property managers in every state who use non-refundable application fees and it is the standard for every class of property and applicant.

Hey man, congrats on the first deal! 

I like the asset class IE not C class in the deep south.

I forgot to mention another sales tactic is to tell people at the three day class you can charge your investors the 40k tuition.

@Kendric BufordRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I am looking to purchase my first real estate deal.

Purchase price: $294,500 Cash invested: $144,000 This was my first commercial MF and off market deal.