It seems like the standard worry is that your place could get trashed but lower-income renters, have you/those you know had good experiences?

It wasn't until the Garn-St.Germain act in 1982 that they started becoming standard.

Many of them have restrictions that you must owner-occupy the property for a minimum number of years - or you'll have to pay it back with interest.Also, the standard mortgage requires you to owner-occupy a property for a minimum of 12 months before renting it out.

If you are going to test the market with a new standard, be patient.  

The company “cares about its tenants” and believes in providing “above standard living conditions,” it said in its statement.Other Philadelphia properties owned by RAD or the other businesses have been licensed with L&I as vacant real estate.

Also, I am COMPLETELY confused about what your concept is and what you hope to achieve by buying 10% of PMC's.

People don't read STR descriptions you see this alot with international properties where people expect US standards.

A strong partnership benefits both parties.Happy vendors are more likely to prioritize your jobs and provide high-quality service, benefiting both tenants and owners.Balancing Stakeholder NeedsBalancing these relationships requires a strategic approach:1.Standardized Processes: Implement systems that ensure consistency and efficiency in addressing maintenance requests, approvals, and payments.2.Transparency: Use technology, like owner and tenant portals, to provide real-time updates and visibility into ongoing issues.3.Regular Communication: Maintain open lines of communication with all stakeholders.

Lastly, if you still decide syndications are appealing, get educated on how to vet the lead sponsor (including deep background checks), the market, and the deal itself (even though some concepts are similar, it is not the same as the single family long term rental analysis).

Or try the reverse - rehab a property to Class A standards in a Class D neighborhood and try to get a Class A or B tenant to rent it.Unfortunately, many newbie real estate investors are jumping into buying affordable Class C rentals - expecting Class A results.