Long story short.. they inflated rent projections, sliced corners on property management, and almost left him holding the bag when the actual numbers came in.Vetting a syndicate means getting cozy with the sponsor’s track record, verifying their underwriting approach, and understanding whether they’ve handled rough waters before.

They are full size and yet still run off 120v and just need a water source and drain. 

Check for cracks in the foundation, condition of the mechanicals, any water coming into the basement, etc. 

They focus on safety issues, such as wood rot, water damage, and structural integrity of balconies and decks.

If you can attend local investor meetups, that’s a great way to gain market insight and connect with reliable people.It’s also smart to start small with a couple of flips to test the waters, and make sure you understand the local market dynamics before scaling up.Good luck with your expansion! 

The hearing still took 30 minutes and he wanted to really concentrate on the accidental water charge, that we refunded and wanted to go into the math discrepancies, which amounted to about 40 dollars.  

If you think there a leak have all tenants not use any water and find the water meter outside.

That led to uncovering significant water damage throughout the first-floor unit's bathroom, forcing an immediate renovation.

Lot had the dry stream water flow going thru the middle.  

Bonus is I am getting new HVAC, Furnace and hot water tank.