It was suggested that I use sound caulk for a second layer of drywall, but I think the asphalt board will help dampen the lower frequencies more. 

In my state if the tenant requests I would have to hold the items up to 30 days but then storage fees could kick in.

The site also allows tenants to pay with ACH for free or for a fee, the tenant can pay with a credit card. 

There is only a small fee to accept the offer and make the deposit into a checking account.

For simplicity, I did not include closing costs or loan points in the purchase price numbers, but did include a fee of 10% of the sale price to cover closing costs, commissions, and minor repairs.ModelsBelow are two tables showing the IRR for the traditional rental, using a 20% down payment, and the BRRRR models using a 75% LTV loan.

Thank youGerman LLCs in CA have an annual fee of $800/year.  

Also that syndication is a whole other beast, and while there are tremendous benefits from starting a syndication, like taxes, acquisition fees, sharing the work load, etc, the risks are that much bigger.  

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

CA has $800 LLC fees, and you will have additional expenses of tax filing etc.

Exonerated 4 times, $0 cost, and the last one paid a $500 settlement plus my attorney's fees with no admission of wrongdoing on a $15k suit.