With careful planning and consistent effort, you can create a portfolio that aligns with your long-term goals.Good luck!

My plan for the first syndication is to do as you said, starting with a 4-10 unit to get my feet wet and build experience.

Summary: 7 loans outstanding: 4 in foreclosure, 1 in default - trying to develop a plan before I begin foreclosing, 1 current, but has needed multiple payoff extensions, 1 current with no issues.

They were thinking of planning another one that required massive loans (7 figures). 

Also, set clear expectations with tenants upfront so they know how to handle issues like maintenance requests.How do you plan on finding all your contractors?

Our plan is to purchase again with a better mindset of turning that into a profitable rental.We have diligently completed all the necessary steps and are on the verge of signing a management agreement with a property manager.However, we are experiencing some doubts.  1.

The plan is to keep operating the property as a PadSplit post-acquisition.

If you can answer these types of questions you will know what is important as you game plan for the next 10 years.

WordPress, especially when paired with plugins like WP Rentals or a property management system, offers more flexibility for custom features like dynamic calendars, booking systems, and integrations with platforms like Airbnb.If you're planning to grow beyond a few properties, WordPress can handle that expansion better since you can continuously customize it as your business needs change.

The 1% rule is best only used as a quick and dirty evaluation used to pick which property you plan on running additonal calculations on.