@Jacob Maes You will find that there are many syndication deals out there that accepts non-accredited investors and typically the minimum investment amount varies on the deal and the sponsor.

You’ll receive notifications when there is conversation in the forums you follow or if a user mentions those keywords—so keep them updated often!

As to "taking control" you'll have to wait until there are board elections (typically annually although usually for part, not all of the board) and run yourself and people you control for the board seats.

If you decide do sell to reinvest the money in something better, are you comfortable taking a loss given the amount of new construction condos selling at a discount you'll have to compete against (and buyers typically prefer a new property unless they urgently want to buy).4.

Typical rates are 8-12% of income either monthly or yearly depending on manager.

Moreover, continue your practice in analyzing deals (ARV, rehab estimate, assignment fee, etc.). 95% of wholesale deals I receive are trash. 

I received a windfall during 2020 and decided to purchase this property and make it my pandemic project.

I will definitely check with a CPA. quick question regarding the summary number three:The $12,000 in negative cash flow (Total expenses less rent received ) would be subtracted from the depreciation and loan interest?

I keep on hearing people say that you're typically going to want 20-25% down for an investment property but is it still possible to do 5%?

I received a windfall during 2020 and decided to purchase this property and make it my pandemic project.