@Haiden WelchThis post is not going to be what you want to hear but in order to do a syndication properly you need to have experience and moneyIf you don’t believe me check out what is going on in BP on a Norada, Ashcroft, AHP, ODC, Kawaka, and Google Applesway and Tides…To start it will cost you $10k to setup a syndication.

What is the most cost effective user friendly PM Software?

You can cost seg also if you desire additional write offs same as higher cash flow.  

Partner Driven was attracted to the Devon Drive deal in Albany, GA, due to its potential for a high return on investment with no renovation costs.

Partner Driven financed the Pine Cone Way deal by leveraging its own capital, covering the $196,000 purchase price and $42,000 renovation costs.

Frankly, if you’re just balking at the cost of the $250, RE is not for you.

Consider the long term cost of ownership - butcher block is expensive, looks great and can wear roughly.

What if power availability is compromised by the local utlity by the time you are entitled, etc.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

After that, they have to pay rent, utilities, and other costs even if they aren't going to occupy for another month.