Most fake this, but you are genuine.My response to you is then this.First, be careful, because human nature is a treacherous one.

Each step requires careful consideration, but with the right team (agent, lender, inspector), it can be a smooth process.

We are currently in the final stages of an AI driven software that is going to essentially allow us to manage co-living properties effectively, without any of the staff or operations typically needed by rental properties.

Like you I think I made my first investment in a true syndication when I was in my early 60s. the sponsor is what matters.. asset OK  but if the sponsor is not top notch I dont care how good the project is..

@Don Konipol The buyers lender was aware of the Seller Finance scenario and didn't care because this was a commercial loan and they were in for around 50% with the seller the other 50% so they had security. 

The property should be clean, functional, and safe.A well-maintained property attracts higher-quality renters that will pay more, stay longer, and take better care of the home.

If you are going to use the FL LLC to hold property this may be something you want to be aware of: An Arkansas Foreign LLC is an LLC that does business in Arkansas but was formed in another state or jurisdiction.

I forwarded this to my GC, and he assured me he would take care of everything, including pulling the permits.Work continued, but after mid-July, the weekly updates from him stopped.

They also have a key backup.I'm less of an expert on security cameras because I live in a really safe community.

I learned this lesson the hard way when I bought my first investment property off market.You need tenants who stay for many years, pay rent on schedule, and take good care of the property.