You want to make sure you understand how the syndicator will operate the deal as the arrangement between investor and syndicator is a partnership or a marriage if you will. 

So here are the two deals that I've done with my partners.Deal #1Acquisition: Family looking to upgrade Purchase: $37,000 cashRehab: $7,000 cashRent: $750/moTax+Insurance: $100/moROI: 18.6% Deal #2Acquisition: Marriage of convenience and liquidation of assets Purchase: $52,000 cashRehab: $25,000 cashRent: $1400/moTax+Insurance: $150/moROI: 19.5% My key takeaways from these two deals are to save the 10% for maintenance and CapEx, leveraging contractors better and more often, and to not use my own money. 

@Wendy NobleWendy, I've read many of Jim's books but my favorite is the most recent book he wrote, "Street Smarts" as he talks a lot more about his personal life growing up: Born in October 19, 1942 in Alabama, getting accepted to Yale, failed first marriage, starting the Quantum fund with legendary George Soros etc., and his passion for investing.

I live with my wife and dog in the southwest suburbs of Chicago in a 2b2b condo that I purchased to begin our marriage. 

Congrats on the marriage and moving forward with your investment plans. 

My wife and I had a nice home to start our marriage in and we made a good amount of money to put towards our next house.

I'm thinking of protection of his assets in case of future marriage/divorce, minimizing transfer fees, etc.

Good luck, and congrats on the marriage. 

Are you worried about the stability of your partner in terms of marriage or finances? 

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