@James Masotti   pref at 8 t o 10  with IRR 20 plus... and if your buying SFR rentals 20 plus IRR over a 5 year hold is almost impossible.I don't see SFR's as a great investment vehicle for larger partnerships UNLESS the operator is buying at court house steps or other Highly distressed RE and they are coming into the product UNDER current market value by a nice chunk...

If you are sure you have the energy and the commitment to follow through,  it's virtually foolproof.  

I don t have to register or be licensed as a business in every state I own properties thru my retirement plan.

Have my i's dotted and t's crossed before I potentially lose my a**.

I don' t invest in Worcester and wonder what those who do would say.   

I'm committed to buying a house in Colorado Springs, CO, before the end of this year, hopefully buying another property afterwards for investment.

I use the 36 month guideline to check before committing to the work, i.e.

@peter t, @eric bilderback, @chase keller

Most lenders want you to have some skin in the game so you will be committed to the deal and more encouraged to make it work. 

It really tested our commitment.