I also suggest they supplement with window units. 

If required, the lender can do supplements to the credit report for any updates?

it would actually be better for your brother to ditch his friend and start his own business and work part time at a different company to supplement income. being in the trades I can tell you first hand that 90% of the co-workers I've ever had have pipedreams of quiting their job and starting their own businesses, which is fine but they don't have enough work, already have huge debts, don't understand business expenses & when they do start a co they end up behind on their taxes etc.

Your equity is returned during equity events, i.e. supplemental loans, refinance, and primarily sale.You can certainly earn more doing your own deals, but the beauty of syndication for passive investors is just that, the passiveness.

You have to consider the potential upside such as rental increases, RUBS additions or other forms of supplemental income (make sure the local sub-market will support these additions) that the complex in question is currently not taking advantage of.

The concept is similar for you I think, you can buy cashflow producing assets and it'll subsidize your lifestyle until one day you decide to move to a cheaper area to retire, then you will have the cashflow to supplement your retirement.Hope this helps. 

Hi BP,I have a retired neighbor in an in-town historic Atlanta neighborhood that's paid off his house and now he's looking to finance building an Accessory Dwelling Unit (ADU) that he can rent out for supplemental income. 

Ultimately we'd like enough properties with enough cash flow that we can use that cash flow to supplement our income at 55. 

Anyway....Don’t take this post so serious, it’s only an observation over months and months of zero contribution supplemented with uniformed advice. 

My goal is to either retire in my 40s, or supplement my income so I can take a less stressful and lower paying job.