Legal Implications and RisksThere are a few legal and procedural risks to be aware of:Title and Zoning Issues: Confirm there are no restrictions tied to the property.

Unfortunately, I ran into the same problem and then the also raised prices multiple times and it's no longer free after 14 months. 

@Javen Harris I was born and raised in KC (OP), moved down to Wichita about 11 years ago.

I am aware of the properties at Wolf Run in Reno NV, Inspire on 22nd in Austin TX and Hayworth Tanglewood in Houston TX that have suspended their monthly distributions.

I joined this forum to connect with others, learn from those who’ve been in my shoes, and maybe even find people to partner with in the future.If you’ve got any tips, especially around raising capital or structuring your first deal, I’d love to hear them!

If they support a rent increase, you could look into raising your rents by that amount to offset the cost.

Look for properties where you can add value with smart, targeted renovations rather than going overboard.Financing Strategy: Since you're aware of the leverage risks, keep your financing options flexible and conservative.

Balloons are not allowed to owner occupants, but you can raise the interest rate at 5 years.You should be able to at least get out clean in Austin.

Much more difficult to raise EQUITY capital through partners 3.

I am aa TX gal, born and raised!