Saying there are three people living there when only one is on the lease is good to know, but hard to prove; getting video documentation of three people consistently entering/exiting the property substantially alleviates that difficulty.During your due diligence process, you probably obtained a copy of the existing tenant's lease to review.  

Full time happens with 100+ units and often you see people scale a business on the side, like PM, construction or something unrelated like a resort in Costa Rica ;-) I am no different - I "retired" from my corporate career in 2015 and quickly realized that I can only watch so much daytime TV. 

People get so fixated on rates, that's just one small piece of the equation. 

Additionally, I've thought about going in on some properties and flipping with other people that I know have a track record of working on multi-family homes.About me:- I'm 19 years old.- Make about $65,000 a year before taxes (confident I will be making six figures in the next 2-3 years).- I work anywhere from 50-60 hours a week (I work in video production).- I would have roughly 35-40 hours a week available to dedicate to progressing my real estate journey.For me, the big appeal of being an investor in syndication deals is that it is not as time intensive as other real estate ventures, so I can focus more time into progressing my career in video production and growing my income there.

Some people do change.

People can add pops of colour with their belongings. 

I've inquired with the public works people in Wilmington, DE about how landlords separate meters for water here.

Hit me up if you want to know how I did it.I wish you all the best.

I'd love to get input from experienced people here on this idea.I searched for this situation in the forums and found several discussions of selling to an LLC but not on point with my situation. 

If the intent is to flip it, there are two ways people buy houses 1. with borrowed money 2. with their own cash.