For simplicity, I did not include closing costs or loan points in the purchase price numbers, but did include a fee of 10% of the sale price to cover closing costs, commissions, and minor repairs.ModelsBelow are two tables showing the IRR for the traditional rental, using a 20% down payment, and the BRRRR models using a 75% LTV loan.

Which banks are allowing low fee HELOCs on properties in LLCs? 

I would not do any more renovation without consulting them and what they will require you to do.Padsplit does not allow pets except for service and ESA animals.As I understand it, parking space is an add on fee to renters. 

Key things to keep in mind with your numbers are:Rent should be > PITI (principal, interest, taxes, & insurance) + maintenance + vacancy + capex + property management fee. 

Their fees are quite high ($129/ month) for the ability to pull up property details across the US. 

Typically we see a non refundable deposit and extension fees to keep the property tied up.

Just beware of high HOA fees and bylaws on renting on the apartment.If you are looking for an investor-focused agent who knows condos try @Eudith Vacio or @Henry Lazerow

Also that syndication is a whole other beast, and while there are tremendous benefits from starting a syndication, like taxes, acquisition fees, sharing the work load, etc, the risks are that much bigger.  

However, it's crucial to review the terms carefully, as they can be complex and include various fees.

Are there any local agents that specialize in rental placements for a finders fee?