Why yes it's got 12 neighbors that will be watching you smoke pot in the hot tub." 

It didn't really make intuitive sense that we as tenants would be responsible for paying the taxes, insurance and CAM of the property owner but we figured that if it were really only a few dollars a sqft we could live with it.But our experience has been that triple net is far more than a few dollars a sqft.

Syndication means I have to find syndicators, split the pot and more importantly align on goals, desires etc. 

Yeah, that makes sense to keep the pot churning.

Pots, pans, utensils, etc I purchased.

You guessed it: the financing.I'm pursuing buy-and-hold, SFH.I don't have much of my own $$ to throw into the pot, so here's what I'm thinking:- Figure out about what a house would cost (I'm told to expect ~$200K - $250k)- Assume a traditional loan, and needing 25% down- So I'll need to raise ~$62,000 for the down payment- I approach friends and family, network with potential investors to raise those funds- Bank supplies the loan for the remaining ~$180,000Something like that.Should I speak with a real estate attorney before approaching those potential investors?

My in-laws also want to help offset cost of college tuition but i don't think the in-laws money and the business account money should be counted against or show a larger pot of money available for college tuition. 

I wouldn't bother changing the color ($$) for a rental if the siding is still in good shape.I'd also get a couple of big patio pots & put colorful mums in them (it's that time of year already) & put one on either side of the front door.

Hi Gita, Thanks for the offer I may be calling you.Hey Dick, Yes I have two different company accounts and two different checkbooks.My problem is that all my sect 8 checks come in under the mgmt EIN but all the expenses they pay are the PROP owner expenses.So if $800 in rent comes in to a single operating acctand the mgmt pays $500 mortgage pymntand then pays prop owner $300The mgmt company has $0 income and $800 expenses EXCEPT$500 of what is paid out is really a mort expense for the PROP owner, and is recorded that way in quickbooks.So how do I expense that as a $500 payment to the PROP owner, and what do I call the $300 pass through payment to the ownersRight now, to me for the mgmt comp, it looks like$800 income$500 mort payment expense for owner$300 owner pymnt$500 pass through money paid out on behalf of owner-$500 netI know I'm missing something but I can't figure it out.Steve

You can not buy a pot of gold for a penny.