This would be my first experience in a true investment property and I plan on managing the properties using Buildium as my software platform (company I work for).

SFR is a way but most SFR investor migrate a portion of their portfolio to other REI asset classes over time and often to syndication after the hassles of owning several homes starts to take its toll. 

My takeaways were that they're generally depreciating assets and not good for much.

Is there a particular program/software/template you use?

Are you selling assets?

I ask because I came across a firm offering deals like this:Purchase, rehab and flip a distressed property, timeline 6-18 months.Minimum Investment $100,000Above $500,000 and an investor can appoint a member to the management boardMinimum asset price $1,000,000Management Fee: 2.5% of invested fundsManagement invests 10% alongside investorsDeveloper invests 10% alongside investorsSuccess fee of 50% on returns above 8%My main question is whether the 50% success fee on top of the management fee is highway robbery, or pretty standard on larger deals averaging 30%+ in such short timeframes?

I guess I was thinking that the part ownership in an asset would be the advantage for the money partner, insofar as we would gain equity tin the property as time went on and we could borrow against that.

Either way, I keep all assets below 80% LTV to avoid PMI. 

The contract will go sit on a bank asset managers desk til they make a decision. 

@Alicia CampbellIt is prohibited for a disqualified party to perform services for an IRA asset directly or indirectly.