My husband cleans the outside and I clean the inside-I consider it a workout, and part of staying in shape.

to get to the point, i would find an area likely to experience more demand and ensure the financials work out for both MTR & LTR's. i would ideally start out with a fourplex and depending how that goes, possibly scale from there. i do believe that it is more traditional to syndicate on larger properties so i am wondering if you know if it is possible to syndicate, starting off, for one fourplex or even one MTR condo. my gut feeling is to start with one beach-front condo in florida that requires $37,250 down . a new construction fourplex, however, i could finance with a USDA loan myself and not have to consider investors so that may make things easier, possibly.no airbnb's. maybe VRBO. two week minimum stay. only in areas very likely to have housing demand due to new factories being built.i own/run an STR right now and it is going well with only the occasional hiccup.

There is also a lot of work, but the numbers for the buyers don't really work out. 

Throw the PM under the bus and tell the tenant the PM screwed up by not collecting a deposit and see if you can work out a payment plan for that. 

You should still be able to find a few lenders to do smaller rehabs like that, as long as the ARV supports it, and often times the BRRRR tends to work better that way because if it is in a good Sec 8 area with rents that support the ARV, the refi can work out well.Happy to connect and talk through details if you are interested!

Let them know that if they do not make this right, you will file a complaint with the state and sue them.If they don't settle, file a complaint with the Colorado Dept of Regulatory Agencies: https://dre.colorado.gov/complaint-processBe as detailed as possible and provide copies of documentation (letters, emails, texts, phone records, etc.).When the property manager is notified of the complaint, they will probably try to work out some form of settlement.

It didn't work out, but he tried very hard to make the deal work.

Or even I can sub contract work out to other companies and bill it via my own company name.

Three properties for $170K sounds like a bargain, especially if you can force appreciation after a turnover.If the property is breaking even with the initial purchase, I would pull the trigger on this deal with plans to BRRRR (Buy, Rehab, Rent, Refinance, Repeat) the properties as each one turns over to recycle my cash if the numbers work out.

Did it work out well for you?