This makes it easy to meet the Patriot Act requirements on proving the source of funds as well.She is not unique except that she was the first to invest with us.As for the third party accreditation services, I am told by my attorney there is no case law proving that provides any protection to you.

My point is that I don't understand why you fixate on a crappy property that requires lots of effort unless the upside works uniquely to your benefit.

Have a bit of a unique situation.Got a tenant in a SFR 3/2 property.

I'm just getting started, but have been exploring the market for many months.

When you are through with your acquisitions, or have more money rolling in than you need for acquisitions, then start the pay down.Each person's situation is unique.

Ive only begun to explore it!

I am exploring the option of partnering up with a private money lender and I was curious on how these deals are typically structured.

I am putting a lot of my energy into exploring my options for financing.

From the numbers above, the updates that were made, and your unique knowledge of the market, it sounds like a good long-term strategic fit for your portfolio.

I chose to down down the "Passive" path originally because I was too busy at work to do anything on the side and almost 13 years later it's still proving to be the right path for me.My suggestion is to consider whether you want to be "Active" or "Passive" and then explore the paths that exist down whichever makes sense for you.And, to answer one of your questions, you do not need to be an Accredited Investor to participate in some syndications (some allow Accredited Investors only while other allow Accredited and Sophisticated Investors).On a final note, I would be happy to help you on the Passive side in terms of questions, etc.