So I ended up investing in Detroit proper and built a 12-door rental portfolio.

My first housekeeper was defensive when I gave her guest feedback and I later found out was not cleaning properly and using other people's linens in my house.  

@Wiley Strahan Propertyware is what we use, so they should be able to supply customized reports - if they are properly incentivized:)

But I don’t know if that’s a good idea because I don’t want tenants messing with a house I plan to eventually live in.Sorry if I didn’t use proper terminology but I’m only on my second book….

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

In general (not legal advice), in most states you **should** be okay to purchase notes without a license (if the loan was properly originated).

Set up properly and maintained correctly, they should not allow for liability to pass through to yourself or your other entities, as long as funds are not commingled, seperate accounts are maintained, proper legal forms are filed, and loans are not personally guaranteed or cross collaterized. 

I would not invest in an offering that does not provide audited financials as its clear with a lot of these inexperienced guru syndicators that they lack financial acumen and proper processes.

It should be very straightforward if you have the proper guidance from a broker or lender.

@Matthew Sarroi know this wasn't your original question but just reacting to something you posted.there likely won't be "cash flow" in turnkey right now unless it's some advanced ninja move with a new build and a rate buy down. but you'll likely pay a ton in closing costs, plus that huge down payment.