The tenants leaves and now you have thousands and thousands of dollars to put in to get re-rented again plus lost income for month from the rehab and rent up.

You get what you put in.

I had a young lady interested in the property, put in her application, I did a background check and credit check through a feature on USAA and told her she was accepted.

Condo conversion address 1613 6th St Berkley CA7 unit apartment complex sell price is 1.52Msix units are 2 bed / 1 bathone is a 3 bed / 1 bathall units have their separate gas and water meters and parking space, there is even a common space available set up in the complex.Condo compatibles are $400,000 plusEven without the conversion I am told the rent are $135,000 per year cash flow.After talking to the planner at the city, most of the conditions have already been met by this particular property.It will mostly be paperwork to convert and put in place an HOA.

As the LLC, you could put in a 50% down payment with his money and the bank would only see the LLC as contributing to the purchase price

That being said, dealing with retail buyers and sellers is a pain in the a$$ and can be very distracting from your investing.

If I could find a Finance structure that works, I think I would have a winner to put in my portfolio.My current challenge is, I'm not able to find a finance solution that will offer terms that will make this a winning investment.

If a true investor sees that much need for rentals in your area that they are willing to put in 100 units and manage them, then their research must support what they are investing.

I’m also surprised how dew property managers are willing to put in the extra work to make this strategy a success due to a higher net number of leases.

To be simple put in 100k and in one year the return would be to them??