I’m pretty conservative and seek to buy rental properties with cash or little leveraging but the concept of lazy equity is bothering me.

Frustrated LA restauranteurs spent nearly a year being pushed to the brink — forced to lay off staff, change concepts, amass untold debt, fight landlords, build expensive outdoor dining patios, and stay safe during the largest public health crisis in recent history.

But I would not encourage the concept and you have got to make sure that you don't get in trouble with the banking options.

Take advantage of bonus depreciation now.There are reverse exchanges and other more exotic exchanges but I personally not sold on the concept when the IRS comes knocking.

You may be mixing your concepts.

I contacted them and we completed the deal directly with the seller (technically with a family member acting as a broker).We negotiated the lot and the land together to make the purchase simpler for them.

However, the more I learn about syndication deals I am intrigued by the concept and wonder if that may be easier to get started with.

Too me it's "proof of concept" to the father and shows the REI knowledge is there.

Private lending is a great resource as it is much simpler than dealing with banks and you cut out a lot of the hidden fees. #1 thing I would recommend is ask for MULTIPLE references from previous clients.

Sure, sometimes in the spring and fall when the weather is mild I have made a little money on flat utility fees, but in the long run as we expand our portfolios, it's simpler and less risky to have the tenants take care of utilities themselves.