Either a small portion of private, hard, or seller financing to help cover the rest.If you go with option 3, yeah that's a nice quick profit pay day.

it's payday. 

In a market like this, it is so much easier to retail and flip for a nice payday.

It's in the kind of neighborhood where nobody cares if you do an oil change or brake job in the driveway on Saturday, or if the car has to sit until payday, when you can go to the car parts store, but I wanted to have something to cover me if they have a dead car sitting there for weeks at a time.3) There were a couple of steps in my screening. 

And your correct the profits coming out of these deals go to overhead and investors.. the sponsor make a very nice pay day but they deserve it .. they create the passive investment for the investor.When you own RE in the manner your talking about IE you personally buy it and usually manage it those are different assets and different experiences.. the syndicator is looking for accredited investor who may just put 1% or so of their liquidity in their deals and probably have all sorts of different investments be it rentals or assets like you describe.My last word on this is that the SPONSOR is the key ... bad sponsor can and may kill a good deal..

Flip it at high tax rates for a one-time payday.

You have to do a bunch of work to get to the payday.

Obviously I don't have the capital to start buying up properties but I'd like to make a smart choice with my first house so that I can build up to that.I'd rather not be someone's payday being a rehab home for market value so I'm looking for a deal.

Again, just seems odd to continue in the SFR game when there's much bigger paydays to be had given your position.

But collecting half the rent every two weeks, on the tenant's payday.