In the case of GEG, we let our members know we did not have a track record with them - they were new to us and just being tested - and therefore it was even more important to perform thorough due diligence since we can't be involved in the transaction. 

@Jonathan Greene I don't mind them generally but when they raise huge amounts for syndications that go south that is another story.

I have lived there part-time and raised 2 children there.

That doesn't pass a cursory BS test, and risks the appraiser calling out either fixed plumbing + permits, or a licensed professional remove the bathroom.

With your balance sheet and cash, you can put together creative deals without giving up equity and without using your cash but you are going to need to find a market and product which has 7-8% cap rates.I invest in the northeast, Great Lakes area.Diverse economies with education, healthcare as the back bone and tech as growth.In your area, you’ll have to raise way more capital in the form of equity just to meet DSCR with the banks.

Gradually raising rents, exploring lease buyouts, or selling with tenants in place are balanced alternatives.

I tested out a lot before I landed on my favorite 4 for profitability and ease of putting together.

This didn't pass the smell test???

A lot of money has been raised in recent years to invest in this thesis.

I’m in the same boat with working, investing, and juggling all this with raising 2.5 year old!