Essentially your net return is going to be around 7%. 7% with 90% LTV with a borrower who may or may not have been underwritten properly - If you asked any investor "would you invest in a debt fund that pays 7% net where the loans are 90% LTV" and people would say no way. 

As you mentioned, we have also seen first hand and through our students that it typically takes a few offers to get the ball rolling, and then there is a bit of a snowball effect once you get into the process of making multiple offers a week, that will lead to a more consistent pipeline that can be scaled into a full-time job if you choose to.MartelTurnkey buys houses and tests out the teams on the ground with our own funds and portfolio before letting out clients go through and use those teams on the ground.

Similar to others it’s typically not they are not profitable but run out of cash which is why investing in real estate without having money is risky and challenging because it is not cheap to maintain a property

Finding *a* syndication is easy as there are typically thousands of new offerings that become available each year.

Typically single family / small MF (2-4 units) will have higher appreciation.

The 15 Essential Items Every Short Term Rental MUST HAVEWhether you're listing your space on Airbnb, VRBO, Homeaway, or with a professional property manager, you will need a whole bunch of items that guests expect to see and make your life as a host easier and more profitable.

There are value add deals which make more sense, but those are typically off market and you'll want to start building relationships to get access to those deals. 

If it’s non-Dutch, you’d typically only draw what you needed (especially if your lender allows partial draws).

Insurance company reserve requirements are typically in the 10-15% of policy value.You would also have ongoing regulatory costs.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.