When we were done at the notary and finished the purchase, we were able to obtain the license and start the works (it was a big commercial old furniture shop where we created 14 tourist apartments). 

On an 8 plex, there isn't much meat on the bones for the amount of work needed for Management, but when you factor in an additional 24 units, that starts to benefit the PM, so there is more room to negotiate.Initially, the cost of PM outweighs your returns. 

This is a general rule and depends on a variety of factors but that would be the framework I would start with.

I consider myself well-versed in real estate knowledge and business jargon, but syndications really have their own set of lingo - starting with the word "syndication" itself!

Hey Muhammad, I'm going to be voting for Detroit every time here.You have low entry price points, a city that's undergoing major revitalization, positive cash flow, strong appreciation, and population growth for the first time in nearly 70 years.Detroit prices have doubled in the last five years and the momentum is just getting started in my opinion.I invest there and help others do the same.

And return to investor apr was 23.3 % I made the rest. this deal start to finish was 88 days.. average though is closer o 120 to 140 of course. 

I'm just starting out renting our home to short term (3 months) renters while we're out of state on work assignments.

This way you will start building a base here and learning the construction side of things. 

You can start looking now and assume that returns you find on current properties for sale will be similar to what they are now with a few exceptions. 

I am new to the world of real estate investing and am eager to get started.