Here’s a BP blog for more info on this - 9 Vital Questions to Ask When Vetting Your Real Estate Investing TeamTenant SegmentNo property ever paid rent.

I've owned this house for 2 years.The Costa Rica attorney I've been using says that I need to get another Power of Attorney and is quoting me $600 to do the paperwork for a power of attorney.The price seems steep and I'm not certain when I need a new power of attorney when I paid for one last year.   

BUT there have been 24 late payments with the last late payment made in Nov 2024 and  0 paid on time.

Sounds like you did a great job with the rehab and adding the extra bedrooms really paid off!

I paid only $8,000 for the property because the previous owner no longer wanted it.

You claim to receive no remuneration for this from the syndicates you are pitching- but only time will tell if you're the only guy not getting paid to raise money for others.

You can simply use a free or occasionally paid coworking space when a meeting room is needed.To quickly zoom in on needing a meeting room: a thing to have in mind is that meetings here in Spain a lot of times are done during lunch with a decent priced menu of the day (the Spaniards immediately know what I mean).

These sellers paid much less than what the going rate it today, likely have no mortgage or low interest rate mortgage and do not need to push rents to market value to cash flow.They get solid returns at their current rental values, have minimal headache with current tenants and they don't need to do major repairs to get their properties sold for a solid value. 

Then split bottom line 50/50 with the partner (individual) after all other expenses are paid.

We use private investors and offer them 20% APR, with 10% return guaranteed, paid as a balloon.