rlkey=nqll6j71hmuippapvh8fdgnv4&e=3&st=f4ummlca&dl=0It was hard to find a similar property which I didn't know if that was a red flag or not.

Those returns will give you some insight into the integrity of the Syndicator, as well as raise red flags of a possible Ponzi scheme taking place with your money.Let’s look at the balance sheet again on the IRS Form 1065.

How much in the red/month?

I plan to call lender on this but don't want to wave any red flags. thoughts?

Good concept but so much red tape it does keep us little guys out unless the qualified developers are willing to bring us into their deals.

Just remember though unless you have deep pockets you need to at a bare minimum stay cash flow neutral until you get the property running and your debt paid off.  

These workshops are 3-hour deep dives into a specific topic with no more than 100 attendees in each workshop.The full agenda will likely be released in March at biggerpockets.com/conference and you can take a look at all content offerings then!

A property manager not requiring this raises serious red flags.

I would suggest keep learning and dig deep on the one real estate strategy you selected to pursue. 

Even with that, I had vacancy for 3 months, turnover expenses (rekeying, deep cleaning, etc), paying the one month lease to find a new tenant and also the new tenants are in at a lower rental rate then the prior tenants. (1500 to 1350)My Little Rock tenant has been paying but already slightly behind.