Admittedly, they seem a bit sketchy,My question would be, for a person such as my self, how does one go about vetting these syndicates?  

For me it boils down to more of a personal decision - can I afford two homes, do I want to have two homes and the stress of it, or just take my money out of one and put it in another.

One month of vacancy has cost you $2,400.

Hey All, one important aspect to consider about real estate developing paper losses.

After 20 years as an investor, broker, and lender, I can tell you that house hacking is one of the smartest ways to start.

Went and viewed about 10 properties, made an offer on one without a buyer's agent, so that the selling agent would double end the deal and they accepted a below ask offer at a time when prices were climbing.How did you finance this deal?

Some may require a waiting period of one to two years before leasing is permitted, while others may prohibit rentals entirely as outlined in their bylaws.Always know the property’s potential for annual rental income and ensure the numbers work.

I've been trying to have one tenant do the autopayment for 8 months now and it has only worked one time.

If you pay more, you won't meet your metrics and will probably have negative cashflow and/or equity.You may have to make 10, 20 or even 100 offers to get one accepted at the price that meets your numbers.This is what all investors did BEFORE the Great Real Estate Crash of 2008-2010.

Mark is one of the nicest guys out there.