Worse yet, first-time deal managers are often overwhelmed by all the due diligence after their offer has been accepted and are pushed over the edge when adding on syndication.If you were born to invest in real estate, then becoming a real estate syndicator can open many doors.

We have 12-doors in Detroit that we still own and self-manage, all of which have gone up in value 2-3x.

I would want to see all of that before making a decision.With respect to the deal, $35K per door is a very cheap price these days, so it could be a good price.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

But even with white appliances, new laminant counters, new vinyl tub surround, you are still likely at 10-12k/door.  

(Call, text, door knock until they give you business.)

I would say 25k gets you in the door to many syndications.

For example, at two events in the past week I met: a Dr. couple looking to get into investing, someone with four houses, someone with two duplexes, someone with a title company and 64 doors, someone with a couple apartment buildings and a winery, someone else with a title company and a parking lot striping company.

However, the tenant opened the door, and I asked the inspector if he wanted to check inside.

"Removing a door and leaving it open"  are you pulling the door casing, replacing it with drywall, trim board?