We bought it and didn’t visit until verifying it was ready to launch on Airbnb.

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Our OPINION for the Metro Detroit market (always verify each area for yourself!)

What's missing from entire syndication industry is kind of independent financial analyst and/or journalism that's focusing on syndication world only.For example if we have one magazine that can do and verify the legit aspect of all syndication that's available in the country, then that would be extremely helpful for common basic investor.Meanwhile the independent financial analyst can give their insight to particular trend or syndication.

I always call the HOA to verify rental restrictions and ask whether restrictions are being considered.

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

When I spoke to an investor friend of mine, they suggested staying away from that neighborhood because it was built on top of a swamp and that the houses there have a higher likelihood to have foundation problems.I wanted to see if there is a way to verify their claim.

If they provide you one, I would still say I am getting my own.I would ask for full demographics of the area, including incomes, home prices, education levels, crime levels, etc.I would want to see full tenant application and any pertinent backup verifying income, employment history, landlord references, etc of the in-place tenant.I would want to talk to the property manager, if they are coming with the property.  

For those that are concerned with owner fraud, I have earned a verified owner seal on the listing.

But verifying it is legit is important and that is great you did. 2.

How do I verify if NMLS ID is active?