Always substantiate your assumptions with market data or hands-on knowledge from you or someone you know.

., shouldn't be estimated, they should be real figures based on consistently updated data with a substantial lookback period.

For example, the search for a duplex to house-hack one unit and rent out the other can be substantially different than the search for a 20 unit non-owner occupied property.

I honestly prefer 1 or 2 bedrooms over 3 beds, because you are very likely dealing with a medium size family in a 3 bed apt, which can add substantial cost in water use and repairs.

At least not in a professional capacity, without consequence and substantial risk of liability.

Especially if you’ve never spearheaded a partnership/syndication of this type i would be hesitant to give you a substantial amount of equity.

I'd suggest converting meters to square feet for the U.S. audience Also, it's unlikely we understand any difference in taking title, appraisals etc.

Note: a Mortgage Credit Report will pick up dirt that those worthless "Online" consumer fico score reports won't show.Depending on how much of a Credit Criminal you have on your hands, in addition to a substantial "refundable deposit ask for 1st month's and last 2 month's rent up front (note: need to open an escrow account to deposit the rent payments and deposit collected)Write lease with an "EPD"  (Early Payment Discount), meaning if they ensure that you receive the monthly payment BEFORE the 1st day of the month, the rent is discounted $50, $100, $300 or whatever, depending on if you are leasing out a $50k home or a $3,000,000 home.And the very first time the rent is 5 days late, hire an evection company to go post an eviction notice to start the process and/or show them you are not playing and they will likely ensure you receive the rest of the rents on time after thatAnd I could go on and on listing things to do, but these are a few good ones  

A few points:-it is in a no rent control part of LA-rents are locked in a recent lease for one unit and can be raised in the other unit-it would require a pretty substantial increase in the down payment to break even on the monthly, which I am able but unwilling to doFor those who have pointed out that I should have run the numbers sooner, they are correct.

See, my biggest hobby is wilderness backpacking and I have always dreamed of one day owning substantial property in mountainous areas close to national parks and wildlife areas.