A syndication was way overkill because there were only 5 capital partners so they customized an operating agreement with their attorney that outlined roles and responsibilities, distributions, membership interests, etc.And you don't have to have all this stuff figured out right now; it's very customary for us to assign the contract to whatever customized entity we end up forming.Just one caveat. 

Anything above that is billed to the customer separately by you.

Basically does it all and the customer service and response time on the in app or online chat is insanely fast. 

Quote from @Parker Bullard: I'm looking to purchase my first investment property and need help figuring out a strategy that will work for me.

I ran my own custom proforma for a bank loan using the asking price that would generate a cap rate over 10% and CoC just under 20%.

Since then, we've analyzed at least 75 deals across multiple markets, developed our buy box, and choose a strategy that aligns with our goals.

Don't follow a strategy only to save on taxes.

If operating costs increase, then customers/tenants will eat the costs in tight markets.

🚀 24-Hour Case Study: Free Co-Living Marketing Strategy That Generated 695 Contacts & 15 House Tour RequestsHey BP Community,Wanted to share a co-living marketing strategy we tested that brought in some seriously impressive results in just 24 hours—completely free.📊 The 24-Hour Results:✅ 695 New Contacts✅ 100% Email Open Rate✅ 15 House Tour Requests✅ 2 Applications Submitted🔥 The Strategy: Livingsmith Partnership Database ApproachOn Friday, January 24, 2025, we launched a simple but highly effective outreach approach to attract potential tenants and partners.

An HOA can easily restrict someone trying that strategy.