Sam - we are putting a list of local property managers in markets around the country together for exactly this reason. 

We have noticed that no landlords comply with any of the student rental rules and regulations in Syracuse, NY but do not want to put ourselves in a situation in the future.

Another way of doing it is your brother putting the property in a title-holding land trust and then transferring the equitable interest to you.

@Gregory Greene, @Gregory Greene @Chris Carr It has been a while since I have posted, so forgot to put prefixes in my other posts. 

We’d rather not even put it up as collateral on the construction loan.So far I have a couple ideas how to separate the back yard for sale. * A “voluntary partition” where buyer and seller agree that each one has exclusive rights to a part of the property.

There weren’t tiers when I joined so I can’t speak to that but Pace puts in 20+ hours a week of live calls, there are hundreds of documents available for anything you need in RE, the students are all a family and team up on deals.

The issue here is that with investment rates as they are, I'd have to put more down (25% vs 20%) and then I'd be left with a long road to rebuild or repay that downpayment before I could repeat. 

I think that if you can get a deal that makes sense and then refi down the Road when rates lower it could put you in a good position when everyone else wants to start buying again. 

the way you put it "Establishing vendor relationships is KEY" is absolutely true.

You just need to make sure that the list price of your property is well below 70% of ARV to ensure wholesalers or fellow investor end buyers will be putting forth an offer.