I would not do this deal for the following reasons:-Austin has had a tremendous run and while I do not see a huge downturn, I do not see how the run can continue at this level-Huge number of rental units coming on line that will bring down occupancy levels and rents will follow-Your $160 per month HOA fee WILL jump once the complex is sold out. 

He let someone he trusted move in next door without a lease as that person does work around the property for him, and that person let someone else come in and had a quickly broken relationship with second person, and that second person let a third person come in with a new relationship with second person.

I feel like in this area, that level of re-hab can achieve good rents.

The trust is the entity that holds ownership of the asset.

Looking to get my feet wet with wholesaling, but not afraid to take the leap forward to the next level if the opportunity presents itself.I'm ready to dive in head first and take my future into my own hands.

My wife and I both have high level education and, have the time and desire to work at the industry.

@Joe@Joe Edmonds I think the lock idea is fine but if I couldn't trust them to have access to the breaker panel I probably would't rent them the house. 

So independent of my concerns with purchasing a C level, 8-unit apartment (this would be my first apartment), can you provide me with an opinion as to whether or not this property is something that you would purchase?

., IRA Services Trust Company or Pensco Trust) that will allow for alternative investments, the IRA rules do allow for investing in syndication.

Other than the tools they have access to, how do I know if I can trust them in looking out for my best interest?