Let me also say this, the BRRRR strategy doesn't compare to this program.

Half of sponsors are now getting crushed when the going is getting tough, and those previous track records don't really mean much, compared to the things I list above.  

I am clueless when it comes to the economic development board, but I do know that Waco in general is extremely business friendly and has very little regulations compared to other Texas cities.

Along with the price increase, do a market survey where you find comparable homes (on rentler for example) and see what their rents are.

The account fees are minimal compared to the potential gain with most syndication offerings. 

If you are buying turnkey, buy under-value compared to comps.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

The rates on the 4 unit are astronomical even compared to what the current owner is paying (about 190/mo).

Let's compare two scenarios I priced out, Borrower Paid Broker CompensationPurchase Price: $500,000SFR 30 Year Fixed Credit 740 DSCR over 1.00 Meets DTI Requirement 1.

I remember when I was comparing tools.