We have many homes with wooden foundations raging back to 50 yrs and they have proven that if you can keep moitsture away that they are they way to go in terms of cost and maintenance.

Also, I wont be using it to track my personal finances or anything like that, just the rentals.

One of the quickest ways to be successful in any endeavor is to find an established proven model and copy it.

I was even entrusted with clients’ garage codes and house keys because I had proven myself trustworthy over and over again.To apply this to my real estate career, here’s a quick story about one breakthrough moment in time.

Either way, I doubt you want to rent somewhere where it's already proven another tenant will file complaints against you as it could hurt your rental history record.  

But okay thank you you, so should be on the right track for 1,400 sq ft. 

Just make sure you know what you are investing in (operator versus capital provider), what types of property the fund will be buying, and the track record and experience of the sponsor.

It's easy to qualify the property location and the track record of the sponsor.  

Lenders for these products want to see track record and liquidity.

This has been proven to be an issue time and again (pick a hurricane or the wildfires in California)