Agree with @Matt 'Roar' Gardner not a big deal. 

I spent about twenty minutes trying to reconcile this with my experiences. 

I hear a lot of folks making a move to the commercial apartments and even BRRRR are going to roar back. 

Dear Readers,I am around my twenties and have no idea investing in house flipping,although an individual from my school flips houses and he seems to make a lot of money.I would like to know how much start-up cash is good for HFing,and how to go about doing it.Any requirements needed?

Of course he got twenty new users congratulating him on his success, but I think it was @Jay Hinrichs who asked a couple questions and realized how astray this poor sucker had been led.Some slick wholesaler had convinced him to trade the equity in his house for some of the toughest rentals in America, and not only that, he planned to remote-manage them with no onsite property manager from across the country.

hi allI know very litttle about US syndication but here we have the 2/20 rule two mil or twenty members before we have to be regulated.I am looking at a deal in the US right now and there is 5 in that groupwith 200k cash to put into the dealour s are very small syndicates and they are using self managed super funds moneyI find the larger investors don't wish to sit with a smaller investor and this requires you to put investors together which are investing similar amountswe have a few different groups that invest in different areaswe are looking at taking our system to teh US and hopefully a few US investors will invest in australia thru our systemsbut we don't market we have investors that come off boards and ask to invest with the group

Lawrenceville was a dump twenty years ago too.

Every agent has a story of a buyer they showed fifteen or twenty homes to before they decided "it wasn't the right time".

All signs point to him living at the property for the next twenty years, and as far as I'm concerned, that's a win for my net worth.

His story is on one of the recent podcasts.Myself, I only own two units currently but should be up to 10 and beyond by mid twenties.