If the credit items reported are up to date with no late payments that is generally good enough for me.

But Track Record carries a lot of noise.  

I've read a couple of Brandon Turner's books now and have been getting really into the mindset to start this journey.A couple major items I'm initially thinking of is where to start.

The seller will also be incentivized to extend their seller carry if there’s been no appreciation or the building has deteriorated during those 5 years. 

Year 2 had some large expenses, including some CapEx items (water heater, roof).

There are three items required to make a successful partnership - Time, Experience, Capital.If you are a syndicator, you are likely expected to have time and experience.There is a lot that goes into being a competent syndicator - Proper communications, finding a good deal, communicating quarterly updates, networking with lenders, contractors, PM companies.You can gain experience by doing your own deals or working for someone who does(Ideally both).I personally think you should cement your experience before worrying about OPM.Best of luck

@John Underwood good feedback I appreciate it.I am viewing the property Friday so will have a better POV on landscaping maintenance then.I hadn’t considered the other items you mentioned, so thank you!

It could be 24 hrs if you are not checking these items.

You’ll buy a property pretty much at market value and the property management company will handle the day to day items.

VRBO collects the tax for you as a separate line item on top of your rate.