We'd both be bringing a stable income/job to the table, he'd bring most of the down payment, and I have the homeowner "experience" and am more than dangerous with a good toolbelt. 

I know why it makes more sense to syndicate a 100 unit apartment building rather than 100 houses, fewer roofs, etc. -- however through the years I have built a portfolio of OOS properties using this model and really believe in "real estate for social good" that my partner and I have developed building on the BRRR method.

But if he can buy them with nothing down and NO PG.. well he gives it a go.. it is not profitable or too much work or he finds himself in danger in some of those areas .. then I suppose he just hands the keys back.. 

Average is a dangerous metric. 

And with a partnership its good for the partners to have an outside party.So thats the benefit, but I'm embarrassed to tell you what we paid (more than @Jill F. for far fewer properties :) and would love to cut down the expense. 

Faster, easier, and fewer borrower requirements - but will be priced higher than conventional. 

.• We have a multi-member LLC set up for the ventureWe find ourselves on the fence between two approaches.This market and this budget puts us at a newer (2005+) triplex in top neighborhoods.Pros of lower doors better neighborhood:• Traditional financing• Fewer maintenance calls• Higher quality longer term renters• Better long term appreciation Cons of this approach: • Higher vacancy allowances• More risk per unit• Less standardized maintenance per unit• Increased competition from newer triplexes the city is heavily encouraging to be built.• Higher property taxesThe other approach is more working class neighborhood but 5-6 units under one roof.

What types of issues will put your primary residence in danger?

Fewer docs.

The sota program will lie and send anyone to live in your home and will not help you after the tennet moves in weather he's a dangerous person or not I have my two grandchildren living in my home the lease is over because I had to live the lease out 12/1/19 to 11/30/20 a week ago and he refused to move or pay his utilities so now he's staying in my rental with no lights no fridge no stove and is destroying my apartment and know one will help me at all I need my apartment to rent so I can pay my mortgage D.h.s. will do nothing so what about the residential landlords who live at the property doses someone have to die before something is done.