@Haiden WelchThis post is not going to be what you want to hear but in order to do a syndication properly you need to have experience and moneyIf you don’t believe me check out what is going on in BP on a Norada, Ashcroft, AHP, ODC, Kawaka, and Google Applesway and Tides…To start it will cost you $10k to setup a syndication.

These people were complaining right and left and would not properly communicate thru the right channels.

If the work was done properly, it may not be too much of a problem.

Last time this happened I was going out of town and it made my lock not functional and I had guests and I had to cancel all of my plans.

This is very helpful.If we rented our home (and purchased a second home) we could likely purchase another investment properly in roughly 12-24 months after, but this would depend on how creative we'd get with financing.Totally agree about having all eggs in one basket. 

In the past I have always functioned in the class D space which meant its challenging at times to get very good tenants.

There are platforms that combine a lot of these functions but most are more expensive than I need right now.

Don't get me wrong, I feel like a good PM is invaluable and have no issues paying one their 10% to properly manage my property and take away my headaches. 

The software interface isn't terribly efficient, but it performs its functions just fine)That said, I think there are some locks that have a wifi function and no fee, BUT they require interfacing with a smart hub - and the cost of setting that up combined with the amount of tech knowledge needed/potential for things to go wrong made me give them a pass.  

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.