Originally posted by @Michael Sanchez:Hello everyone I appreciate the feedback about the Capital Syndicate however I still have reservations.

I recommend establishing a reserve fund for major turnover expenses, capital repairs like a roof replacement, etc.

Easy to make updates and reprint to put in nice 3 ring binder.Many people are not logged into Vrbo besides person making reservation and appreciate being able to easy get information.

The other hurdle many run into is that you need to have funds to close and cover reserves in a US based bank account.  

If you can personally visit the property to confirm, do so.

The human race has historically been poor at predicting future, so it's wise to prepare for multiple scenarios.Mortgage rates in 2025 may decrease slightly if inflation stabilizes and the Federal Reserve eases rates, though they are unlikely to return to pre-pandemic lows.

@Dave Foster will confirm, this is all he does.

I just reached out to my title guy to confirm.

Finally, of the extra $200k, how much are you putting into operating reserves? 

3. what type of deposit / reserves can you provide in case the monthly rents you receive do not cover the rent you pay me?