We actually go a step further and will ask to see the applicants current residence, you will quickly vet out any bad applicants when this comes around.

That's it.Thanks for the quick replay.

I just quickly looked it up myself, and it looks like they have a step by step instructions packet on their website (link below).

If your concerns are the tenant missing one payment per year, lower the rent to be equivalent to 11 months rent, you seem to be able to afford the cut in revenue to get a qualified tenant quickly and/or help a struggling human being .

Duplexyou would lose money quickly in syndication if you do it today 

Great beginners guide: https://www.biggerpockets.com/blog/wp-content/uploads/2022/08/Ultimate_Beginners_Guide_BiggerPockets.pdf3.

Start with BiggerPockets Ultimate Beginners Guide (free).

It depends on how much liquidity you have and how quickly you want to build up your portfolio.

If you could provide a general overview or a step-by-step guide at a very high level—focusing on vacancy rates, capital reserve expenses, expense ratios, and any other crucial details—it would be greatly appreciated.

And respond quickly?