It’s the simplest way to get a feel of what it is like to be a landlord without going through the hassle of managing rehab projects.

I totally get your apprehension to most “programs”, but there are a few key items I wanted to address in regards to FlipSystem in case there is any confusion around the value we provide.Lead Generation: our acquisition team is monitoring every deal that comes on the MLS in our target areas and meets our basic criteria.

Airbnb basically owns the bookings in my area, no other channels drive legitimate traffic.

Like you I fund many deals a month in the 8 markets I work wholesalers put up very little EMD and many times NO deposit.. maybe in High priced markets were the dollas are bigger but to me there just is not enough potential clients of quality to make this a viable strategy for someone and doubly dangerous for those with basically zero RE experience and got their training from a course.

Are you looking to start a syndication or just get more money to invest in larger projects with a couple of partners?

Analyzing real estate deals is like deciphering a puzzle of numbers and projections.

If you aren't willing to learn that investment asset, then you can either:1. find someone you trust to help you invest into that asset2. put money in low/no risk investment assets and just accept the low return3. blindly go into an investment asset and basically gamble.

Here are the projections for 2024 to give an idea of expected returns:2024 IncomeLong-term Income$8,400Gross STR Income$45,500 (based on AirDNA projections)Additional STR Income$5,915 (mostly cleaning fees)Total Projected Income$59,8152024 ExpensesSTR Expenses$16,453 (32% ratio)Mortgage$34,476Insurance$707CapEx$3,600Taxes$2,729Total Expenses$57,965Projected Cash Flow$1,850CoC Return2.79%2024 Additional ReturnsPrincipal Paydown$2,930Equity Appreciation$16,200Mortgage Interest Deduction$7,571Total$26,701Total Projected Returns$28,551Projected Return on Investment43.1%Projected Return on Equity21.4%The CoC numbers are not impressive, and the property only cash flows as an STR, which carries some risk.

If anyone has any suggestions pertaining funding the rest of this project I would be very grateful.

So basically if your name is on it, then your LLC is inclusive of the policy.