This implies renting is initially cheaper than buying and at high LTV, rentals are initially cash flow negative.  

It's like putting your life into net negative before you are trending enough into financial positive.

We did in fact acquire the hotel and are operating it as we speak.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I am speaking with an attorney.

Speaking in generalities of course based on what I usually buy.But, these days I'm trying to be more passive so things like syndications are a more likely path for future investments.

Their success speaks volumes however, its a bit much for me to stomach for a potential benefit. 

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

You find this out by talking to people, speaking with past residents, people in the industry, or mystery shopping the property.Using technology to pull in data so you don't have to manually type it in, is helpful, but other than that, I would not trust automation.