Our team negotiated a purchase price of $40,000, recognizing that even with minimal improvements, the home could yield a profitable return.

That being said, I'm not a flipper, I don't know any of the specific info or anything about you and your team so I could be wrong.

These syndicators often tout themselves as operators because they act as Asset Management teams, setting the business plan and directing the actual PMs to implement.And then there are the "syndicators" that are just capital raisers.  

Hey Samuel, thanks for your response and that's great that you have a team to help you out.

Depends on the team you have in your new area.

We have full-time boots on the ground in each market, and have a team centralized at our HQ in Texas as well.If you're interested in speaking with some of our current clients, I'm happy to make an introduction.We've historically worked with Aleka in several capacities (as a client of her's while she was with Acorn and Oak and then as our BIC) and our experience with her was always great.Thanks!

I'm a local Realtor in the Fort Worth area with a strong team behind me. 

I've been a licensed realtor for 5 years, and our team brings 30 years of experience to the table.

You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.

But you need to start finding team members, such as your contractor, broker.I can connect you with a community bank in Knoxville.Gino