I agree with Michael Baum: read all the suggestions here: great info.The general theme is, whether it's your cleaner, your handyman or a responsible neighbor, you need willing and able "boots on the ground", eyes on the property and someone local with both common sense and authority to act on your behalf and/or your instructions.My 2 cents,Mike

For the purpose of this exercise, I would like to start by separating syndications into two categories: (1) smaller capital raises that will only attract the friends and family sized checks because they require too much brain damage for those with the larger check writing capabilities;  and (2) syndications with capital raises large enough to fit within the investment parameters of true private equity/family office check writing capabilities. 

Did you miss or purposely skip over the parts that didn’t suit your argument?

Basically, I agree with most of the responses, Bottomline, it's best if the repairs were done with all required permits, inspections, plans and engineering, etc.

Hi Jonathan,Thank you for your candid response.

Hi Thomas Pham - thank you for the response.

Hi Aj, thanks for your response. 

I just hate coming out of pocket for this and I feel the tenant should be responsible.

Hey @Ujwal Kolli,When you do a cash-out refinance on one rental property to pay off the mortgage on another, the interest tracing rules generally allow the interest to be deductible if the loan proceeds are used for business purposes, like paying off another rental.

Most initial responses are people with inflated prices (higher than market value).