But in reality, those who are experienced in this business have a formula for picking addresses that they believe they can make money on and run at a comfort level they are comfortable with.I think that the hopeful mentee is seeking is what address should I buy to be as safe as possible and make the most money as possible.

So if something ever happens and the loan goes delinquent the only recourse is the subject property, but if the delinquent property is in an LLC with let's say 4 other properties then those assets are exposed to the LLC debt holder - if that makes sense.But they will ask to see personal liquidity all the time so they can feel comfortable with the payments being able to be made for 9 months.

., its ok to take a few months or even longer to catch your breath and get comfortable where you are at. 

I am comfortable with debt as like as I have not greater than ~70% LTV and cash flow. 

If you buy in areas you can comfortably afford that is growing, favorable laws( I know Carlos P is going to disagree with me here due to Cali), and ideally under the median price you'll make out like a bandit.

Some people in the field do as much as 30%, but the amount is what you are comfortable with.

I guess that's why one has to really trust the operators to feel comfortable in syndication investments. 

Get out of your comfort zone.

I need to make the seller comfortable, answer their questions, provide all the information, and get them to the title company.

I feel comfortable with my process as I know I am not discriminating due to any of the protected statuses, and I’m also documenting everything and treating everyone equally.