And spend my time working on the things I'm good at.I think they ARE valuable to have, especially if you're looking to raise private money   We live in a digital world now and anything you can do to set yourself apart can't hurt!

That need could outweigh their desire to protect your best interests.Not saying there investment here is a bad thing, per se, just raising this point so that this one element of the deal doesn’t tip the scale to you investing if you otherwise might not.

Equity plays can turn into better deals down the line with lower interest rates and a refi, with rent appreciation - where you can raise your rents because they may currently be lower than market, and with market appreciation - where the entire rental market moves upwards in rents.But you want to take a serious look at your challenges there... because there can be many - especially if you are a limited funds investor.Equity plays really only work well when you have enough income where you can cover the unexpected.  

I could potentially raise the rents, and put a little more down, but that would be putting a big chunk of the money I have set aside for investments into an asset that doesn't do what I need in the short term.

I recently paid $50K for access to a “tribe” where I, as a complete newb with no relevant industry experience at all, was taught to stand up a webpage touting the benefits of multifamily and then come and start posting here.I was taught to attempt to attract money from people like you who have recently come into a large pile of wealth and have no plan whatsoever.What I will do is take your money, and give it to this random other person in my $50K mentorship program who also has basically no experience raising and deploying capital.When I give them $100K I have raised from you, I will be given a 10% finders fee of $10K.

Try raising the rent 1/2 way to “market rent” without rehab.

http://www.biggerpockets.com/forums/56/topics/62430-what-do-you-drive-#2002 hyundai accent2007 Jetta2004 GMCAlready did the dream car thing, all muscle cars and a vette.

@Kevin Nolan  you should look at the Florence/Muscle Shoals MSA, I think you would be pleasantly surprised

The way DST sponsors raise their equity is through the financial services industry.

I was just blown away by a much more experienced investor telling me it would lower appraisal rather then raise it.