I could also just do a straight arbitrage/master lease but prefer the co-host model as I see it as more equitable and disperses risk and reward more evenly between myself as the co-host and the syndication LLC as the property owner.

This pre-inspection catches anything unseen and we can head straight into appraisal when the deal is approved.To find out additional information on costs and where to find every hire we mentioned in this article as well as a solid title company, we recommend asking and looking in your local REI Facebook groups!

Is it a straight play to cut out the competition from private equity so everything goes to the huge investment firms that are left?

Thank you for the responses ahead of time!

Go ahead and remove this contingency, but add "Subject to interior Inspection." 

@Kirk Brown You could try AHEAD which is an affordable housing group located in Littleton, New Hampshire and see if they might help you out.

Hopefully someone who actually knows what he's talking about will be along soon to set the matter straight. 

Here's a link to the property let me know if you have any questions or want further information and I'll get it to you straight away! 

In my mind, it's better to go ahead and get permits (if they are required) then you never have to worry if what you have sunk money into will be recouped when you sell.Do not start working on the conversion until you have heard if a permit is required.  

Once we start buying properties, I want to scale as quickly as we can, and I don’t want to backpedal to handle things on the business side that could have been ready ahead of time.