I like the idea of syndication and with 200K and a couple partners doing a JV first and moving into syndication could be a more natural move.

But I’m struggling at light due diligence part, it’s my first day trying to learn the ropes and it’s confusing if you have any tips I’d appreciate it.

As Amish Tolia said you were light on some stuff but conservative on others and overall if it’s in good shape has a chance to perform nicely, especially if you included the debt service from the HELOC.If stuff at these numbers is attractive to owner occupants as opposed to just investors then exit is much easier (and more profitable) and you have a few thousand in pay down to include in your overall return.

BP is light on lease optoin, wholesale lease option investors.  

Hi Folks,I’ve got eyes on a property that will likely hit 2% rule after some light fixing up, in “downtown” Urbana.

Naturally this type of tenant stole whatever they could get their hands on (fire extinguishers, refrigerator, shelving, closet systems, concrete patio sets, misc. paint and building supplies) and drew all over the walls.

Greens book and am looking for some other experienced investors out their to see how they identify a market green light.

So there is possibly light at the end of the tunnel if it comes to that.

Bolt.If you want to do a storage deal, start with the municipality and make sure it's zoned properly and what they require for such (fencing, lighting, etc). 

Like you said, if it's public and out there, it's only natural for landlords to want to check and get a better idea of their future (hopeful) tenants.