This doesn't mean that buying cheap is bad, but often times, people go after certain markets simply because prices are lower and don't question WHY it's cheaper.

You can simply ask the syndicator if they would be open to connecting you to a handful of investors who have known and invested with them for a long time. 

One absolutely should be able to produce a balance sheet (assets and liabilities) for your RI because put simply you’re running a business and that’s what businesses do.

Do you happen to know if we can simply remove one of us from Title on the first 4?

This means they are simply a processing layer, and do not act as custodian. 

We need better policies and understanding of the law, or tenants are simply going to continue to take advantage of us.  

If you're not looking to outsource the job each year, then simply ask a lot of questions during your consultation and get an understanding before you tackle it yourself the following year.

: 1) buy the house by using $50k in cash from a HELOC2) get an invoice from a contractor for the $15k in rehab costs before closing and put the $15k in escrow with your closing attorney in charge of the escrow3) on the HUD1 settlement statement, enter the $50k purchase price on line 101 as the "contract sales price", enter the $15k on line 103 as "settlement charges to buyer", and the total of $65k on line 120 as "gross amount due from buyer"4) the property gets rehabbed and the contractor gets paid through the escrow as the work is completed.5) get a tenant placed in the property after rehab is completed6) get financing on your property for the lesser of a) 75% of the ARV which is $67,500 or b) the "gross amount due from buyer" per line 120 on the HUD1 settlement statement which is $65k7) so overall, you get your $65k cash back out through a mortgage that is based on the "gross amount due from buyer" per line 120 on the HUD1 settlement statement8) you now have a rental property with a tenant paying your monthly mortgage and you essentially have no money left in the deal@Andrew Postell I read your other post, which was fantastic.

If all the obvious ideas don't work, then you simply form a joint venture with your landlord to get coverage.

I am a recent college graduate who just entered the workforce, throughout college (studying construction management) I became super interested.....more like obsessed...with the real estate industry.