You'll want to read Maryland new requirements for landlords.https://dhcd.maryland.gov/TurningTheKey/Documents/HB693-Land...

If you're an accredited investor able to meet the minimum commitment amount required by the fund, I have to imagine you have access to opportunities that are more favorable to you as an LP.

I understand this is not a requirement, but I have never received a damaged unit from an inherited tenant or any legal issues.

The property required a full gut rehab as it had been vacant for 15+ years.

And I will state different jurisdictions have different rules, processes, expectations, etc.In my area you are required to have a permit to swap a water heater.

Any EPA issues or studies required for your financing?

I got an email today that the BOI requirement was on hold again since the fifth circuit reinstated the injunction today.

There are dozens of check boxes, some of them matter, and Balance Sheet and capital accounts are now required.

This 2 to 1 ratio is required because 1) they are work and my time deserves to be highly compensated. 2) big rehabs have some risk.

Now, some states require an attorney to review contracts.