There's a work/life balance in the industry, and it's important that you don't burn yourself out.

You are right in saying Steven that most of these syndicators are "being saved" by the market but when the market turns south and cap rates start to increase, a lot of investors in syndications will get BURNED big time!

So they are capitalizing on the value add appreciation, which kind of burns me to even consider this deal. 

Purchase price: $178,000 Cash invested: $100,000 Sale price: $322,500 Fix and flip, the investor got fat on this one because it was a year project and we paid him 10% APR.

Purchase price: $178,000 Cash invested: $100,000 Sale price: $322,500 Fix and flip, the investor got fat on this one because it was a year project and we paid him 10% APR.

I'd have to live in one of the units for at least 6 months after the reno escrow closes before refinancing so that I dont burn a bridge with my lender.

I would want these people gone too...... they burned your units..... they have cost you a lot of time and hassle and are not "good tenants.

There’s a house I want to buy at auction but I need to see it first in person to make sure it hasn’t been burned down or to see that it’s in good condition,  but it’s in a gated community.. do you know a way I would be able to enter the community just to look at the house?

I can't tell you how many times I have seen investors burned by a draw not being able to be funded or told they would be able to close with a private lender only to be told a couple days before closing that the lender didn't have the money.

The realtor just wants the commission and if you're investment crashes and burns they don't care because you're far behind in their rear view mirror.