They have all the plumbing and electrical built into a centerpiece.

In my 40 years as a contractor , we have fixed roof damage .

It seems to be in good shape, with updated electrical, mechanicals, and roo.

Brass tacks:4 months into the dealVisited the property a total of 5 timesHired a contractor local in that areaSplit just about $100,000 between my partner and I.

One thing I am hearing is I need to be Lead Based Paint certified, even if only the contractor does all the work.

.- Pricing 'should' be better from the perspective of fees, contractors, rates, etc. that the sponsor gets vs. me as a solo investor.- I don't care if the investment is less liquid vs. an ETF or REIT and I would aim to hold it for 5+ years at the bare minimum.Some other questions I had and would appreciate any advice:- Is an average minimum of 12-15% irr reasonable for syndicated deals ($10mm - $100mm) with an experienced sponsor?

Do you have any contractor recommendations and can you share their info?

Additionally, local real estate meetups and events can expose you to financing options, legal contacts, or strategies that are applicable no matter where you're investing.Remote investors often build their teams by reaching out to local agents, property managers, and contractors in their target markets.

Even though you’re out of cash, you might be able to finance some repairs or negotiate with contractors for a payment plan.### 3.

But you need to learn all about landlord/tenant laws, how to do basic repairs, know what average labor and material costs are for common projects. learn about payment systems, how to interview property managers, tenants and handyman services, build a team of realtors, contractors, title, hard/private money lenders, inspectors, appraisers and soooo much more.