Many of our homes are on septic and some are much older than 24 yrs.

Shortest I hear of is 3 yrs,  3pts first yr, 2pts 2nd, down to 1 pt 3 yr then if you sell or restructure (sell one out of the bundle) no pre pay but costs to restructure the loan or be forced to put a new loan with a new closing on the remaining houses.I've heard of DSCR loan terms down to 6% a pt to close 30 yr fixed. 

In the Smokies, you want an ID on file and verified, 25+ yrs old is the standard here to rent.

Tenants that had been there almost 10 yrs and rent that was around $100 under market value.

Its crazy how many military overlook that just bankin on getting their 20 yrs.

The issue is reiterating that you are finding good deals now, and how this correction may have an effect but you are investing for 3-5-7-10 yrs down the road and can ride this out. 

I’ve been investing in real estate for 12 yrs. 

A lot of syndicators operate on a fairly short investment horizon (3-5 yrs) so investors that are looking for the set and forget and grow money for 10-15 years may not be interested in syndications.  

It is not as "glamorous" as buying your own property, but it lets you learn, gain experience, and in many ways determine if you want to own property on your own/with investors, before taking the leap and potentially being locked into something for 3-5 yrs or more that you hate.And believe me, if you can take an underperforming asset, and turn it into a rockstar for someone else, you will have a much better background to pitch to investors than someone who has never run a property on their own.

If you have more of a medium term (1-5 yrs) view of these investments, you don't care about volatility.