I plan to sale the lots that way.

The plan is to transition into a new home in 2025 or 2026 while converting this property into a long-term rental.

Charges for marketing pics, 3-D Tours, Floor plans?

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.

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

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

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.

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.

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?

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