They thought their business was a technology business with a financial component, not understanding that it was a financial enterprise utilizing a technology platform. 

However, always budget for unexpected issues, especially when adding square footage.Seller financing could indeed allow you to offer more, but you're right to be concerned about funding the rehab.

There are a couple of key components. 

It's also important to account for factors like maintenance, vacancies, and unexpected costs to ensure your investment remains cash flow positive.

If something unexpectedly changed in 2025, do you lose the benefits claimed in 2024? 

The point being, it is always best to have some savings to cover unexpected expenses.

I'm trying to find a good course to learn the syndication process and all of the components.

Pretty much all major components were newly installed / fitted and done to a tasteful standard (new metal roof, plumbing, electrical, kitchen, flooring, bathroom, doors, new hvac, decks, vinyl siding etc) and I have visited and walked through 3 times and even been under crawl space to inspect a repair that was previously noted on an inspection to the foundation after termite treatment which looked to be a good job.

Include a contingency fund of 10-20% to cover unexpected costs, as price fluctuations are common.Negotiate with Contractors: Build relationships with reliable contractors and negotiate bulk rates for ongoing projects.

There is a entire component of marketing or searching out a property and while many can bodger there way through, most can not do it on a proficient level.