The property will be cash flowing as soon as the remodel is over and has space for one large extra unit on the lot or two small units on the lot.

The tenants have paid and if someone is thinking about moving out then an extra surcharge that hits if they aren't out in time for us to turn the place for a lucrative AirBNB short term rental can help massage the move out timing.That said with MTR we do not have the cleaning costs that eat up a lot of STR gross, and its lower hassle in some ways.  

But ultimately, any cost to the syndicator is ultimately a cost to the deal, which means that at the end of the day it costs the investor.Investors that can find quality sponsors, and do proper due diligence on them, can save an entire layer of cost by investing directly with those carefully selected sponsors versus investing through crowdfunding portals.Good luck!

You can also request a security deposit for extra peace of mind. 

A couple of thoughts that might help.I recast a loan at a point where I had paid enough extra to allow recast (I think it was $5k over).

Tons of double sided tape used which results in a fair amount of extra effort to restore (most cases paint comes right off the wall requiring patching sanding etc, some cases Good-off was effective.

I can definitely enter other markets, it's just gonna take some extra digging and research to find the good ones to work with. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

While state specific leases are simple and can work, spending the extra investment and having a real estate attorney help create one for you will likely create more value/protections and save you money in the long run

After today’s experience with the extra “PM” fee tacked onto the already extremely high placement fee, I felt I had to say something.