This is the backbone of syndication, achieving something together unachievable apart.These splits with no acquisition fee with 90/10, 95/5 in favor of LP's are typically new syndicators jumping into the market and in my opinion carry as much alarm bells as a high origination fee.

just like our peaceful protesters LOL  looting  breaking windows  its simply a government problem no back bone. 

The backbone to investing is security and you build security of your own entity by clearing up your finances and presenting a strong product to use the great benefits of the VA loan.

Until people with back-bone stand up, support the concept of intelligent management vs "popular" management, turning off ___ politics and just talking to their neighbor, being an actual community again, choosing leadership by results.

I think what you are doing is unethical, immoral, and weakens the backbone of our country.

Small business are the backbone of the US economy and Prop 15 will impact ALL small businesses in California.

Networking, letting people know you are serious about investing, and meeting other serious investors has been the backbone of building our business.When you are in the Facebook groups, are you interacting with the people you seek? 

I have seen business owners undergo severe financial hardships because they didn’t have a backbone.

I considered taking the FHA route.Since I have the project managing experience my sights were set on a two bedroom one bath that I could make a three bedroom two bath down the road.Now taking this to a business level vs personal level- that's the basic backbone of the business.I can do the drawings, have experience with the individuals that handle permitting, and the process, and then can directly reach out to subcontractors as the owner of the property to facilitate the rehab and/or addition.My own research has led me to believe that rental rates (I also have personal experience with these) and low vacancy due to over demand should prop up this model effectively. 

This by no means should be a knock at Mom & Pop types of business, as we all know they are the business back bone in most communities.I did not see any expenses for the residential unit as well as the additional expenses for the commercial unit such as vacancy %, management %, repair reserves % and future capital expenses % (Cap EX).