I started my profile 6 years ago after my first residential purchase and finally made it back with my first few doors under my belt. 

If he paid 6 figures in tax, good for him:  he made a lot of money then. 

I put alot of importance in reading, so I made them read classics at 1st, then mindset (think and grow rich etc) then financial acumen (rich dad etc) thankfully they all have w2 jobs so 401k match, roth etc. 2 are homeowners (don't want to be REI investors) but the last 1 is saving for REI investing.

Would you buy a unit in one of these buildings before the end of the year / before they have their inspection and reserves in order?

:-new metal roof that will last a lifetime-new gutters-new covered porch-new side deck entrance made of Trex material-new large capacity water heater -new Bluetooth thermostat.

However, in order to grow a portfolio, would it be smarter to try to get more than 1 or 2 properties for my money? 

I remodeled the house I made sure to take care of things.

. - New roof- Gutter guards- New floors- New cabinets- Granite countertops- New stainless steel appliances- New tile in bathrooms- New light fixtures- New carpet in bedrooms- Fresh paint- Custom accent wall- Parking pad- New windows- New exterior paint- Updated light fixtures- Fans in the bedroom- First floor primary bedroom- First floor washer/dryer hook ups- Wrap around porch- Ample off street parking- Bonus room on 3rd floor What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

There are so many ways a syndicator can "add risk" to the deal in order to hit a marketable return for LPs, that any LP really needs to understand the ins and outs of real estate operations, market cycles, financing structures, fees and carried interest, etc if they want to fully assess a deal.