It's not unusual for one good person to apply, and they move in their half brother that just got out of prison or something.There's a lot more to look at than just income. 

thank you for an amazing threadI had a couple college rentals which I collected  the years rent upfront with double security deposit and signers on the lease were parents and had to have excellent credit and plenty of income I made almost as much money in damage fees as I did on rent Or unusual to receive 5 figure checks from parents for wine stained carpet.  

You might look at Georgia Code § 16-5-40.I worked on more than one title insurance claim where an escrow agent disbursed funds before closing so while it's unusual, it's not unique. 

Very unusual and foolish for a lender to allow a borrow to pick the appraisor. 

It is a small market with a population around 30k, but since we have so many connections in the area, it really helped get something unusual like this off the ground.

Bit of an unusual strategy for wholesaling, I think.

.- I can invest across different types of deals unusual or difficult for a smaller investor (multi-family, opportunistic/distressed offices, hotels, etc.).- I don't need to put up as much upfront equity as I would need to for doing it myself and I can use that capital across multiple deals.- Pricing 'should' be better from the perspective of fees, contractors, rates, etc. that the sponsor gets vs. me as a solo investor.- I don't care if the investment is less liquid vs. an ETF or REIT and I would aim to hold it for 5+ years at the bare minimum.Some other questions I had and would appreciate any advice:- Is an average minimum of 12-15% irr reasonable for syndicated deals ($10mm - $100mm) with an experienced sponsor?

With a DSCR loan you should be able to do 80% LTV on a rate term refinance , but anything above that is going to be very unusual for the market, even for long term rentals. 

This is not unusual here, our markets are very seasonal.  

Even that would be unusually aggressive right now.