Quote from @Aaron Wolman: General question, I am turning over my first rental and I got the charges from my contractor on damage done and I want to see peoples opinion. 

I also have some capital to contribute.Could someone explain how syndications are typically structured, and how are people using Other People's Money (OPM) to build large portfolios with little to no money down?

I just stayed in a hotel in Moab and we had an A/C issue and it took two days to resolve and, honestly, that's not that out of line with my normal experience at hotels.I don't know where people dreamed up this idea that all hotels have someone waiting outside your room ready to resolve anything in 5 minutes. 

People doing crazy stuff lately.

Congratulationswhat you’ve found that both the INVESTMENT side of real estate, and theBUSINESS side are very competitive; therefore profit margins are compressed, so those “home runs” people like to bragg about are actually quite rare.  

And this is a biggee wading through the fake lenders or the Joker brokers that tell you what you want to hear  but cant get the deals funded and you lose the deal and a lot of money.3. with actual PML  private people  usually have very limited funds so cant scale with them.. they can have a life event and just stop doing loans all together..

Know tons of people dropping $250k on a suv, i won't, I don't care how shiatsu on my bum it is, ok maybe I care a little lol, but point is it's only worth what it's worth, right. 

Not the cash flow play a lot of people expect. 

There are so many great people and resources throughout BP that will be great to build a foundation and continue you learning.

If you have any questions feel free to send me a message and I'd be more than happy to help you get connected with some of these other essential people as well.