One hack...value drops 30% in 10 minutes....pray that doesn't happen on your way to the closing table because you'll need another $300,000 USD to cover your purchase (if we're talking $1 Million). 

It does not matter the size of the city. 

In fact if you don't do proper due diligence some are "traps" with bad layouts, fire damage, and tiny sized lots. 

Now I provide a modestly sized (42-48") TV in every bedroom, and a big one in the living room.

As far as I'm concerned if you invest in a syndication of any real size, where you are a seriously minority owner, you don't own anything better than a mutual fund.

Keep it straightforward at first, but know that experience is the best teacher—mistakes are part of the process and will help you learn.For ARV (After Repair Value), start by running comps (comparable sales) on recently sold properties in the area that are similar in size, style, and condition to your planned rehab.

Hey @Kenneth LeeIn my experience, loan size alone is irrelevant.

This rule is part of the Securities Act of 1933, which was established to provide more freedom for businesses to raise capital while still protecting investors.Here are the key aspects of Regulation D, Rule 506(c):Rule 506(c) Filing:Allows issuers to broadly solicit and generally advertise an offering, provided that all purchasers in the offering are accredited investors.Requires issuers to take reasonable steps to verify that the purchasers of the securities are accredited investors.Issuers must still file a "Form D" with the SEC after they first sell their securities.The rule effectively lifts the prohibition on general solicitation and advertising for certain investment offerings, allowing companies to reach a broader audience when seeking investment.Accredited Investor Definition:To become "accredited," an investor must meet certain defined criteria regarding income, net worth, professional experience, or size of the entity (if the investor is an entity rather than an individual).

I think that would work if the two units were the same size. 

As long as all the rooms are decent size with closets it could work and you could get closer to what you want in rent.