House listed at $2.0mU/C at $1.7mPP + rehab would give us a final loan amount around $2.1 ($400k rehab)ARV ~$3.0m we only have 250k cash for the deal.

Aside from this, the property manager had done a fine job.Thanks!

I thought at the time that a home inspector is there to go through the home with a fine tooth comb and bring up every issue.

A syndication typically exits and then files a final partnership tax return, providing you with a final K-1. 

then do a final inspection (video everything) after they are out. 

I'm not a finance person so I want it to be straightforward.  

Hi Shahrzad, I think this is a fine way to get into rentals.

I am hung up on the electrical being so old.Any thoughts are greatly appreciated as I need to make a final decision by the morning.  

I actually list a fine amount in the lease if the tenant refuses me entrance. 

I tried to schedule an inspection but the manager said I didn’t complete the variance process and is stating I need to go through the whole process again and won’t inspect the property and give a final approval on the garage permit.