You should consult a real estate attorney or tax advisor to handle the legal and procedural details.From a tax perspective, there are several implications.

I would say that RentRedi is good from a general property management perspective with features for managing tenants and maintenance requests. 

Hi Tom,I would think about this from a guest perspective.

But from a moral & ethical perspective, you may want to decide at some point to just eat it and accept write it off as cost of doing business.

Quote from @Paul Azad: Beautiful property Blake, and great growing area, i drove through a few years ago, amazing scenerey and perrenial vacation spot, would you feel comfortable sharing the structure of the syndication for the investors, fees, projected IRR, or time weighted avg returns etc from a potential passive investor perspective?

Also, from what I read in Bloomberg, midterm rentals near major hospitals can sometime command a decent premium.. especially if they include some nice furnishings.Little Tweaks Count: Even minor upgrades, like new door locks or a fresh coat of paint, can help you justify a stronger rent.Driving for Dollars & Networking..

It’s clear that the evolving market, especially post-GFC have shaped your perspective, and you’ve outlined some valuable points about the flexibility and challenges of private lending.The flexibility in ARV and LTV is such a huge advantage, especially for investors who might not have traditional financing options.

Neighborhood revitalization projects, major corporate investments, and an influx of small businesses were all happening at a pace that made it clear the city is on an upward trajectory.From an investor’s perspective, Detroit offers a unique combination of affordability and opportunity.

As long as you are not a borrower, there is no note or loan that will negatively affect your dti from a debt perspective.

How would I start to go about finding perspective single-family homes that are current rentals or could be turned into rental properties?