Her credit isn't the greatest, but she's super sweet and a hard worker, so you are certain it will work out.

I am looking at 1 acre of land with a well and a septic already installed. 

Our home LLC in ND but it only costs about $100 and a foreign LLC is all our CPA recommended we do.  

Will rent for 1750/month.Capex items needed soon: roof, water heater, furnaceArea: A area, appreciation is at about 5% a year but average home price is ~$500K so this home will appreciate faster, this will have multiple offers on itDeal #2 - mixed use, small office with a 3 bedroom and a 1 bedroom over it.Ask: 325KCurrently fully rented on one year leases, bringing in 4775/month but only one tenant pays their own utilities plus owner is responsible for snow removal and landscaping. 

It requires special licensing but can be done in Texas, Georgia and a few other states. 

We purchased it off market, as-is, and as it was our personal home, we renovated over time.

Quote from @Josh Otero: Hi BP community, I know you've got some crazy tenant stories and I want to hear it.I'll go first:1) I was managing a 5 story apartment building and a dog fell off the 4th floor balcony because of the owner not paying attention.

@Michael ClardyThere are two experts to talk to, a CPA that knows real estate and a Qualified Intermediary (QI).

Syndications in general are a form of speculation  hoping luck is on your side with a specific market, a specific project and a specific syndicator.

I'm in the same boat for reference- I bought into the "buy now, refi later" idea and am sitting on a 7.375% on my latest property acquisition and a commercial line of credit I have is at prime + 1 (so 8.5%).