Currently in the information gathering stage.

I wanted to be sure I was covering all my bases with a CAPEX analysis. 

I am genuinely curious but would guess he would not at this stage of his RE investing path.My belief is most value is to be added on highest cost asset.  

The rent would be $550 per bedroom and the utilities would be split in 4 (all the tenants plus me).That was just a surface level analysis for that property and I was wondering If a FHA 203(k) loan would be ideal to cover for the remodeling while keeping in mind the HVAC would need replacement sooner than later.

And great, I'm spending a ton of time practicing deal analysis and understanding my goals to be able to identify on my end what would work for me and my portfolio, noted on the importance of taking charge of all of that. 

I put in a recurring CAPEX or replacement reserve in my analysis for things like roofs, HVAC, etc. as well as general maintenance and turnover. 

are you able to do your own analysis on the deal the syndicators are proposing?

I'm not at eviction stage yet, I have evicted tenants before. 

Those people get excited about creating an awesome guest experience, they love to nerd out about revenue management, photography, staging, and other parts of the business so they get really really good at it, and they have jobs that allow them the time to manage themselves (and this doesn't have to be a lot of time btw).

@James Coleman I would be happy to provide a 3rd party review of the property and numbers to provide you an analysis.