Any essential appliances are a must as well. 

Essentially all new vinyl flooring, moldings replaced throughout, paint entire space and upgrades to kitchen & baths.

You are essentially collecting 'mail box money' on a hands off investment while experienced operators manage the asset. 3️⃣ Returns - Real estate syndications, on average, offer higher returns than other investments.

I get the idea - it's essentially a shell game, wherein the same person essentially has two different legal names, in order to get around the waiting period.

I already have about $3000 that I can dedicate to cap ex so I could essentially have about 10% to put down when I refinance.

Leverage is essential especially when you are scaling your business.

If you’re looking to place money passively into a real estate deal, it’s important to know how much you need to have budgeted for different strategies, so lets start off with the smallest buy in to the largest.1- Real Estate Investment Trusts (REITs)At the smallest investment level you’ll have a real estate investment trust, or a REIT.REITs are essentially huge portfolios of properties that you can invest in even through apps nowadays that help you get started for as little as a few hundred bucks for a private REIT.Private REITs are actual private real estate holdings as opposed to a public REIT which is traded on the stock market.Public REITs are not actual investment in real estate, they’re investments in stocks, so really there isn’t a pricing barrier here just like you can invest almost any amount in another stock, you can do the same here.

Yes, it's possible to get bad tenants in any class of property or neighborhood, but you reduce your chances of that significantly by investing in better areas, Good property management and tenant screening is also essential.

The US dollar is at risk and the element of cash reserves essentially losing value should be beginning to factor into long term investment strategies.

Yes, technically the escrow is for taxes and insurance, but in reality it's a checking account.In the event that you refi your mortgage, that escrow balance comes back to you because it is essentially your money held at the mortgage holder's office.When I'm doing accounting, I transfer the escrow portion into a separate "checking" account.