Just like our BANKERS validate and question our deal analysis, you need to be the BANKER.Majority of the Syndication failures going on right now are due to either Short-term financing used on longer term projects- in a period of extreme interest rate hikes, material Inflation, or Covid related supply chain or personnel issues.You as the BANKER, know that all of the above should have been covered by the Syndicator and by you the BANKER. 

I actually happen to be working a new project related to exactly those questions.

It was a cut and dry project and since it was my first deal it was an easy entry having already been slightly remodeled.

I'm open to passive income ideas but I'm also ok with putting some sweat equity into some projects as well!

Just curious if you moved forward on this project.

Or, are the failed projects going to kingmade investors that have "special" relationships with the lending banks? 

I am coming near the end of this project and have already started plugging in some new addresses to run comps and get a jump on the ARV calculations to improve my experience going forward.

@Chris RagerFor multi-member LLCs (and depending on the size of the project), you may want to work with a specialist for the operating agreement.

All this fancy mumbo fha guideline gumbo means is that your projected market rents assuming all units, if it were rented Times 75% need to be greater than what your monthly payment is  (PITIA = principal/interest/taxes/insurance/assessments monthly), other wise FHA will not lend at that loan amount so common solutions to this when rents are too low in your local market are to put more money down payment which defeats the whole purpose of low 3.5% down FHA doesnt it?

Without more details about your specific goals and experience, it's tough to give real tailored advice.