Your perception has a sneaky way of getting in the way of reality.

Just remember regardless of anyones perception of what I stated in rule #8, the definition of Fair Market Value is you need a motivated seller and a motivated buyer.

I have a general understanding of the marketplace but  have concerns about the amount of supply in the area, the negative perception of the neighborhoods, high property taxes etc.  

If you want to keep your current job and moonlight for another firm, then one or both firms may have a problem with that arrangement if there is any perception of a conflict of interest.

I am willing to drive to the property, do all the work, come home and feel a sense of privacy.Maybe that perception will change later.

Consider other upgrades I could do to make the home more attractive and do them.Price point sets buyer value perceptions in my opinion. 

Bull Realty is based in Atlanta and they have a good CRE show as well: www.commercialrealestateshow.comIf you want to really know how to make a syndication deal work, you might consider participating with an experienced syndicator as a passive investor and asking lots of questions, or perhaps offering to help, to learn what a pro would do so you can emulate it later.My perception is that most people who get into sponsoring syndication deals start pretty small and do progressively bigger deals.

Neither maybe true, but perception is what you are fighting against.  

That's when the plush and soft carpet padding comes into play making them think the carpet is more high end than it is.It's not about actually using expensive stuff it is the perception that the buyer is getting nicer stuff for a cheap price that makes them want to buy.

They will appraise for less and the buyer perception or stigma of modular is still undesirable.As for the cost to rehab or build new it all depends on type of construction and level of finishes.