BUT, I am more interested in learning more about your side of the business - that sounds very interesting. 

So there may be more repairs needed in the coming years that are not covered by the initial 38,050 repair budget.Does this sound like a good deal, or should we terminate the contract?

@Abhishek Nayani It sounds like you are new to syndication investing.

Sounds crazy, I know.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

I'd need to know more information to determine myself if I were assisting you (hypothetically, of course, since we aren't allowed to advertise our services through this medium), but from the surface level it does sound like you do qualify for the 121 exclusion.

If you legit spent $10k on HVAC, fridge, etc then it sounds like there may have been some issues that should have been addressed BEFORE this tenant moved in.

I can't speak to the licensing issues, but it sounds like overall you had a different experience than me.

Sounds like a good one.

Let’s recognize where we are and the effects.