It sounds like you're really hustling to get ahead financially, but I get how frustrating it can be when things aren't going as planned.

@Adam M.Typically a new entity is formed to own it and that entity is owned by the two gpsIn this day someone who invests in a syndication and is passive will say they own 1,000 doors because they want to sound bigger than they are.Anyone can say whatever they want one social media and people will believe itSaw a post from a guru saying they own several thousand homes - I can pretty much guarantee you they do not.

We repainted, changed out the art, replaced a couch and had it photographed anew.

Sounds high to me.

@Jordan Ray,Congrats on the projects, sounds like you're moving well.

Rental grade renovations tend to cost less than flipper renovations because renters will do more wear and tear so you don't want to spend a lot of money on high end things that you need to fix or replace.

Changes are low that you will be reimbursed for the damages and sounds like you can't prove that they occured with their tenancy. 

Sounds like an interesting prospect.

. $1,000 sounds reasonable to get started with this.

@Rich Todd - It sounds like you have a great property!