Have lending/title lined up for the exit or refi. 

Hello Matthew, Yes we also lend in New York.

So 30k for 900 income, perfect numbers for syndication, and built in under a week.

Also look at all the MF syndicators who are losing properties or having big cash calls did they all start out as frauds ? 

I know lending institutions have foreclosure lists as well.

I think that the red flag for me is when a syndicator who has no/few exits starts living it up. 

Assuming it is a cash transaction but if you did ever want to leverage, limited lenders that will lend on leasehold. 

My returns also got a bit too complicated with niche REI stuff for the great tax guy I used for many years and still does my parents and sisters taxes.They handle other REI guys and attend some REIA groups I went to and knew about bonus depreciation, K1, cost segs, schedule E and HELOC junk used for investing and private lending.

I've done gap lending with a 2nd position lien.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.