The tenant refused to communicate about his plans to vacate and finally left the key under the mat on June 2 but made no communication, so we had to make 4 trips looking for the key.

You’re building a thoughtful plan that’s set up for success.

We don't get paid unless the loan closes.I would be careful with a lender that charges anything but third-party fees. 

You want this to be your backup plan if things take longer than anticipated, you do not want to dip into personal credit cards so i would use a heloc to help with down payment but try to keep a nice available balance on a heloc as your insurance policy. 

I have had a couple of long term tenants who struggled to pay rent on time but always paid and took good care of the property so I worked with them. 

Reach out to my survey and engineering company that is doing our plans for our land.

@Dustin Horner 10 units probably won't even cover PT.Unless you plan to scale to 50+ units, you're probably better off hiring a PMC.

Sounds like a plan!!

I would like to work out a payment plan whereby they pay me while I have control of the rights to the mortgage then in 10 years I pay off the principal.

As I've learned from my experience, it's essential to consider this timeframe when planning and executing syndication deals.By carefully analyzing the real estate cycle and market trends, we can strategically time our investments for maximum gains.