So if your house is worth $1M and you have a mortgage of $600,000, yes you have $400,000 in equity, but a lender may only lend you another $200,000 (for a total of 80% loan to value). 

Both of them have been great tenants but obviously can't live together with a protective order between them.

Totally new world for me knowing there are properties off the market, wholesalers, and people that loan money just for this purpose, different from a bank, I have always thought we were doomed from finding a good deal as everything I found was already on the market...my little knowledge and limited believes got me trapped.

The syndication should be more passive, BUT your investment is totally under the control of the Syndicator.

Adding in taxes and insurance you are probably going to be around another $250 for a total of $1,093.00+/- that’s a positive $507.00 a month cash flow on a $130K which is good. if the rents are $1600.

But, an LLC will not limit you from liability in total.

Despite a slight decrease in total sales (-1.2% compared to 2023), average home prices have risen by 8.5%, with median home prices around $275,000 as of August 2024.

Those numbers do not seem correct, unless you are using terms like loan amount of $104,000 is the unpaid principal balance (which is the amount that accrues interest), and the $270,000 is the total payoff.There are two components to a mortgage statement - the first is the reinstatement amount - this is the amount to bring the loan current.

Looking for any insight as I originally expected only to be total out of pocket under 5k, thanks.

I totally get your approach, especially after closing over 1,000 houses → your results speak for themselves.