I upgrade all appliances and mechanical so I see no major issues for several years.I spend a good portion of my time working on the homes which is sweat equity, but as I progress in this business I am spending less time doing its and more time managing.

I just had a quick question for Ankitt Duggal; what certification/professional designation have you noticed investors looking for, especially in the realm of syndication (excluding a graduate degree in real estate)?

Broker-dealers will want to try to design out too much risk and the underwriting fees will be too high for deals your size.

Are the roof or any of the mechanicals over 12 years of age?

We designed the house to client specs, submitted it to the HOA for approval and learned that 1) a 2 car garage was too small, it needed to be 3 car minimum and 2) 3,000SF was too small for a retirement community, needed to be 3,400 minimum.

What are the mechanics (agreements, arrangements, etc) on how you delivered your capital to the attorney?

Speaking as someone who does industrial electrical systems engineering that provides documents exactly as you have described, this would be a large amount of work.The one line diagram, panel schedule, grounding, lighting and outlet plan, fixture schedule, and panel locations would all be separate drawings taking anywhere from 20-40 hours of work a piece depending on how readily available the needed information is.We have whole teams of people who work to produce drawings like these and we charge clients $60-100/hr for just the design and engineering consulting (drawing creation).

If you are married and your wife isn't working, consider getting her the REAL ESTATE PROFESSIONAL designation from the IRS.

You have a good eye and a good sense of design.

These letters are designed to hit to the heart of the trials and tribulations that an individual might face while marching through the probate process.