Those returns will give you some insight into the integrity of the Syndicator, as well as raise red flags of a possible Ponzi scheme taking place with your money.Let’s look at the balance sheet again on the IRS Form 1065.

MLS photos are intended to make the property look as good as possible, that's why actually going there is key in pulling accurate comps.

Deals like this are absolutely achievable with the right knowledge and approach.Imagine what could be possible for YOU in 2025.

. - We always recommend buying your first rental locally if possible and DIY managing to learn as much as possible before investing OOS.2) Lots of crooks and incompetents in the PMC world:( They both cost you money.- As already stated, you'll have a small portfolio.

Herein lie possibilities of lucrative ventures; here are myths that even a hardened investor would consider runway.

I cannot imagine that having 1 thermostat for 2 units would be possible especially once we move out and have tenants in both units. 3rd unit dilemma The 3rd unit is not finished.

Your friend should include as many details as possible concerning how they were pitched the investment in the prom note.

It's certainly possible all of those individuals and others are just working on burnishing their interests so people come to them to buy stuff, but in general if you're anywhere reasonably active here without trying to sell people on investing in you, you're not likely to be a pitchman.  

I'm seriously considering trying to find something there, but need to build up my knowledge and contacts of reputable agents and contractors etc.I'm interested in multi-family, STRs, commercial, self storage, and possibly even flips if the right opportunity came up.

If you plan to live in an RV, renting out both homes could reduce living expenses, but make sure you’re set up for remote property management, possibly with a property manager.