It provides the best way to get started.

Thank you once again for any advice you can provide.

The initial investment is providing a loan, there is no tax write off.Similiarly, there is no income recorded when you receive the loan proceeds back.The only time there may be a potential write-off of the original loan amount is if the borrower is not able to pay it back.

To get accurate and up-to-date advice tailored to your situation, it's highly recommended that you consult with a qualified tax professional who can review the specific details of your syndication investment, your financial situation, and the applicable tax rules to provide accurate guidance.

There's loan programs that exist that provide the rehab capital needed to fix up the house but access to those funds are at an "after the fact" discretion. 

Years ago we had some non heat resistant quartz and when people put hot pans on it, it left rings.3 - Hotel Linens - Plenty of providers out there for this. 

Although I will continue to research on it and follow the accounts provided in this thread.

Also, there are a variety of strategies under the lease option umbrella, and this diversity gives you a greater chance of providing the seller with what they need to do the deal.

You'll provide Chinese Hand Fans to the tenants at signing? 

GREAT IDEA (Sarcasm)As Gabe pointed out, with some saving discipline that positive cash flow can provide down payment when we get a softer market.