ThanksWhy do you think the city would approve that and how are you planning on getting plumbing in?

BTW there is a free trial and the Starter monthly plan is $119.It also allows you to search through consumer information such as property owner "credit worthiness," Credit card usage, buying power, age, language, family members in the house, and many other fields that are above and beyond property characteristics, which is unique.

Quote from @Dmytro Shcherbitskyi: Hi everyone, I’m planning to syndicate my first real estate deal and would love some guidance. 

So don't let someone discourage you because their investing criteria is different than yours.As far as financing goes, there are options for financing if you have a plan for the property.  

For example, more downpayment means less interest rate regardless or whatever loan.I am trying to see what sort of action I can take right now so I can plan detailed and measured steps to my goal.

Where do you plan to invest?  

Without accounting for management fees (I have not yet decided if I will try to self manage), and with planning to raise rents to typical market of $825 for each of the smaller units, and $1200 for the larger unit, does this seem like a worthy first investment? 

For down payment, plan to need 30-40%.

@Jacob AndersonI've only used my HELOC for investing when I have a quick exit plan.

I’ve also thought of plans for a smaller scale venue too.