Primary one would be a deep recession leading to an inability to fill the building with tenants willing and able to pay the projected rent.

-- focusing on too many channels would get overwhelming quickly, but I feel like I'd succeed if I focused on one.As this post probably lets on, I'm a bit of an over-thinker which tends to lead to paralysis-by-analysis.  

Also, each tenant is jointly and severally liable for the contract.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Any recommendations for underwriting templates you are currently using for syndications or joint ventures? 

He says his source at a leading information provider, tells him that their research reports a serious drop in the number of "wholesalers" out there from 90,000 in mid 2022 to about 20,000 now, in fall of 2024.

They should be leading the charge, explaining the process ahead of time so that you know they are large and in charge.Definitely look for a new PM.

Having to buy another primary residence, to avoid tax on the gain of your current home, has not been a requirement for over 20 years.Assuming it was your primary residence from the beginning, and you have not moved out/rented it for more than 3 years, you gain is exempt up to $250k filing single and $500k married/filing jointly.

Hey Luke - Tapping into your equity through a HELOC is definitely a common way to fund a down payment, but like you said, having two open loans can lead to higher closing costs and potentially impact cash flow.

I will soon have off market leads in most areas of both cities.