Is substantial based on agreed price and the subsequent pay down.

Could we then repeat this cycle for every subsequent property?

Consider negotiating an interest only note which allows for prepayment (with a cap for year one, but no prepayment penalty for subsequent years ... your lender needs to ensure s/he earns enough to justify the effort of subscribing to your mortgage)If your goal is to refinance in 2-5 years, the negotiate your private mortgage to a term of 2 or 3 years with the possibility of annual renewal up to 5-years.  

Household formation expanded rapidly during the period of massive government stimulus and it's contracting during the subsequent period of high inflation.

Contractors are the probably the more challenging part of that.If you decide to start looking at properties here, I've started doing some third party verification/subsequent quality control (oversight), so feel free to give me a yell if you need anything in that regard.

Also you are one person, you arent running an enterprise just yet so I think needing acquisition and disposition managers is a bit of overkill.

We've moved beyond this and subsequent to it have had an even worse experience with a hoarder/crazy cat lady and that property has been vacant for 20 months getting put back in shape.

As an LP (Limited Partner), when syndicating you are investing in a real estate enterprise as a passive investor alongside other investor.

if you go through the bank to do the assumption, I see no reason why they would call the loan if you subsequently decide to lease the property.

If they acquired the note for 10-15 cents on the dollar and are now selling for something more and that that provides them with sufficient profits and subsequently provides an 18% yield then to me that’s how it shakes out.