There are three items required to make a successful partnership - Time, Experience, Capital.If you are a syndicator, you are likely expected to have time and experience.There is a lot that goes into being a competent syndicator - Proper communications, finding a good deal, communicating quarterly updates, networking with lenders, contractors, PM companies.You can gain experience by doing your own deals or working for someone who does(Ideally both).I personally think you should cement your experience before worrying about OPM.Best of luck

-your first few years after a purchase are typically a stabilization period, and you IN-vesting your money into the property. think about how long it will take to recoup all the costs i just mentioned.

I know I am late, but I figured I would update.

I Have an update on this.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

My recommendation would be to put the deal under contract, then during your inspection period talk to everyone and anyone that is local that buys properties like this and ask them if they know the property or anything about it and ask them if they think it's a good deal.

Updates of heating, adding cooling, and electrical.

If I can line up a tenant during the option period, then I know I will win, and I can also win if another buyer comes in with a competitive offer.

This is part of the "due diligence" period, and it is so important.My advice would be to figure out the demand in the area for larger spaces.  

I would regularly update your photos to reflect seasonal changes or recent upgrades, ensuring they are high-quality and well-lit.