The following is a list of topics I've encountered in teaming agreements, although it's not exhaustive.

My team is doing good, we are gaining market share, even though our volume is 35% down and we have to work so much harder for every deal. 

Whether that be setting up the team, finding the deals or the "boots on the ground" to bring the deal in.  

Does the tenant get charged if their rent is proven to have been lost in the mail?

The biggest thing though is wherever you invest you hand select a great team to help you get started from a great realtor, contractor, property manager, and attorney

You can do 5 year terms when buying a house.If you need a lender, my team is licensed in TX!

@Chris Piper  all do respect way to much info , to many spend so much time reading books watching videos, going to seminars, and building their " Power Team " .

Or break even isn’t “winning”  you’ve lost $1,000/yr the $20k investment could have made you even sitting in a bank CD.  

What people need to watch out for is newer syndicators with little experience trying to build teams and have to keep doing mediocre deals to feed their team to survive.

Working with a team of professionals, including real estate agents, contractors, and inspectors, can help you avoid these pitfalls.### Finding the Right PropertyWork with a real estate agent who specializes in REO properties to find the right deals.