And I'm assuming it says that each tenant is joint and several liable. 

Minimum $100,000 rehab based on my 10 minutes of inspection, shingles missing, foundation problems, cracked tile in house, cracked drywall joints everywhere in the house, rotting deck in backyard etc....

•My goal is to build long-term cash flow through rental properties while ensuring my partners see strong returns.I’d love to connect with investors interested in passive income opportunities or those who have experience structuring joint ventures.

*Keep a healthy reserve available to handle surprises when they occur.

Hard money, private money, joint ventures, even lines of credit secured against existing assets—there’s a ton of capital out there looking for strong operators.

Investors will likely explore creative financing options such as seller financing, joint ventures with private lenders, and bridge loans for short-term capital needs.ConclusionThe potential privatization of Fannie Mae and Freddie Mac is a significant development that could reshape mortgage financing in the U.S.

Have you considered creative financing options like joint ventures or seller financing to reduce reliance on outside capital?

➡️Consider joint ventures or syndication.

Trying to get into the nuts and bolts of how he was trying to source a location, project size of preference, what type of financial modeling he does, what kind of tenants he was hoping to attract/the strategy behind it, if he was doing any joint ventures or had done any in the past, if he had taken part in any syndications, what management strategies he was implementing with his current properties to maximize lease uptime and profit, what types of leases he generally favored contracting for his properties--all of that was like pulling teeth.

Consider cash flow as being necessary to cover operational expenses, maintain healthy reserves so you sleep well at night and help secure the most favorable debt.