That means some renters haven’t paid rent in 36 months.

This is how bank originated debt works in the apartment scenario you describe: The lender collects their origination fees and debt service payments are then collected priorty every month until the loan is paid off.  

I will say as someone who has done syndications,  usually the operating agreement is clear that the managing member of the fund (manager) may get paid a percentage of profits or even a management fee or both.Assuming the syndication was setup as a LLC, then everyone involved would receive a K-1, both investors and the managing member. 

You will pay some in and (hopefully) this will be less than you would have paid in rent, plus you are building equity/appreciation.

From it raining a lot the night before the property going active which brought to light foundation issues hidden behind the pre-existing finished basement paneling.

i do not know if its exactaly 50% or not but i do know for example i owned a primary residence in eagle that i paid 340k for and the taxes were about 1700/ yr. 

paid $53,000 Did all the work and made $100,000 7 years ago.I bought it right 2600 square feet. 10 foot ceilings.original flooring and trim with doors.good roof and furnace. need a great agent and contractor both to make real money. 

I paid my 30 year loan in 10 years, with that 401k as starter too.

I could be that I am jaded because my STR that operated legally since 1999and paid all its occupancy taxes did not get an STR permit in spite of having maximum lottery entries (maximum Lottery entries was for STRs over 5 years old). 

If I did an FHA loan and paid little down, the mortgage payments would be insanely high right?