What we have found is apartment syndication is definitely a team sport made up of several individuals with different skill sets that we can all bring to the table! 

Remember that you want to find a deal that cash flows from Day 1 (with the exception of building in house hacking one unit where you have decreased rent), otherwise you are gambling on appreciation.

YUP its a non contact sport out in C class rental areas and some B class .. one thing to tip U off when your looking at rentals drive up and down the streets and take note to how many condensers have cages around them.. then you will know that if you don't cage yours good chance its stolen and will get stolen many times over the years.. 

I’d love to play 1 appreciation gamble every two years (buy a 800k house in San Diego or something, rent it at 4-5k, which covers mortgage, and cash flow from other properties for cap ex) and profit at sell off on appreciation in 15 years.That’s another thing I don’t need the cash flow to live off of and I don’t intend to retire on the cash flow in the next few years.

Granted, renting to pet owners is a gamble...but I would argue that renting to Humans is far more risky.

@Derek McGillicuddy It's always a pretty big gamble if you rent out to someone you know.

You can offer it to a tenant for extra, rent the garage to someone else (say, someone who needs to park a sports car for the winter), or just keep it for yourself.

Multifamily syndication is a team sport.

@Brian Nance some of C class neighborhoods are transforming to a B class.Its easier to “predict” the direction that a neighborhood is going towards than predicting what will happen with a whole market.I’d suggest feeling the vibe of the neighborhood, you can tell that by seeing that a lot of houses are getting renovated, greener grass, cleaner area, cops are present and it just feels safe.Neighborhoods that their tenants are the owners will be taken care of better too.I would not wait because houses in good areas increase fast, so it is a gamble that eventually you will end up paying more for the same house.Good luck!

well most on BP will tell you speculation is gambling blah blah blah.there are not many properties bought for rentals in Lake O given the price points.right when I say that the house 2 doors down from me just sold for mid 400s and they rented it.. rents cant be more than maybe 2500.00 now maybe its a family member or something. you can find older properties in the lake grove area of Lake O.. but generally speaking this is all owner occ stuff and very little MF duplex etc.appreciation of course has been spectacular last 6 or 7 years.. but its leveled off now.. as for solid property to own   for that's the case ..