There are so many ways a syndicator can "add risk" to the deal in order to hit a marketable return for LPs, that any LP really needs to understand the ins and outs of real estate operations, market cycles, financing structures, fees and carried interest, etc if they want to fully assess a deal.

Back when they moved in, we did a walkthrough/checklist, we all signed it, and I kept the original paperwork, but never sent them a copy.

This design of this house mixes contemporary charm while maintaining the integrity of its original beauty.

You will see negative hits to pricing with smaller loan amounts though so you may see a higher rate/fees for your situation. 

I'm curious on how they broke down the $1200 fee.

Dodd Frank will apply...see below.Not More Than 3 Properties Exemption Any person or entity cannot provide seller financing to an owner occupant more than 3 times in a 12 month period without using a MLO (mortgage loan originator).

I assume when you say "the numbers work" that you cash flow positive...How much is the condo, what are the HOA fees?

Originally posted by @George Henry:My sister who is a real estate agent in Arizona told me that I need to have a property manager by law if I own more than one property in Arizona.

He just took a job out of state and is needing to sell the property, but has very little equity and when fees are factored in he would likely end up needing to bring cash to closing.

Originally posted by @Allison Adams:Does anyone know of a good contractor in the Stl-South area who specializes in pocket doors?