With room to enhance its value through upgrades, we saw the opportunity to deliver a strong return while helping revitalize the neighborhood.

Trying to get a genuine perspective from someone that has strongly considered using one or actually used one.

This gives you the benefits of ownership without the hassles of “landlording” or playing general contractor—in my opinion, it’s a more feasible arrangement if you’re looking to live in one state and own in another.The initial outlay can be pretty reasonable as well.

I will initially be investing in the Decatur/Huntsville Alabama area. 

Hi Andrea, you could definitely get creative and give less interest on their initial loan and more of the split in the end depending on what your goals are. 

@Michael Daniel - I'm experimenting with a few "AI" generated sources/lists now and my initial perspective is that they're another source of deal flow, but not much better conversion than other areas including wholesalers, MLS, etc...

I setup my entities and it takes between 15-30 minutes to do the online applications.Ohio Domestic Business Entities Fee Schedulehttps://www.ohiosos.gov/businesses/filing-forms--fee-schedul...Ohio Foreign Business Entity Fee Schedulehttps://www.ohiosos.gov/businesses/filing-forms--fee-schedul...Looks like it is an initial $99 fee either way. 

And then there was the Lesbian Initiation House....don't even ask, Bob.... 🤣 LMAO, OK I WILL beat ya, We had a house explode, YES explode, Google Meth lab blows up house Cleveland, LOL .OR how about the lowlife that knocked the garage down with his car, YES, all because we had to evict him, low life ANIMALS. 

I'm talking about the 15-page or so pitch deck for your multifamily syndication business that you use to initially show to brokers, lenders and potential investors to get them excited about you and your deals?

I understand equity and cash-flow are related, but what I mean is that I don't need the cash flow right now as much as I'd like to build a strong portfolio that can cash flow even more later on.I've owned a single-family rental for 4 years, but on mulitple fronts I felt like I've done a poor job self-managing it, so this Fall I picked up the Turners' book on managing rentals and that's what led me here to Bigger Pockets online.