Once converted to a rental, repairs and improvements may qualify as deductible expenses, but pre-conversion repairs typically do not.

Personally I will not work with them specifically due to this fee.

Keep in mind, you should have already had a conversation with the hard money Lender to know their terms and process, and be ready to perform. 

House hacking and basement conversions have worked in my experience. 

I personally don't like exclusive by agreements.

Conversely, you will run into people on your list that just seem to be a waste of time, so you’ll want to avoid them.

@Richard Rafferty, given the relatively small nature you are looking to take on with your first syndication, personally, I would find it hard justify the typically 20-30k+ for a paid mentor. 

My team has conversations all the time with borrowers, especially those that own real estate, that  thing DSCR options are their ONLY options.

The setup felt like a personal connection all in pursuit of getting your business.  90% of it was done by AI and the other 10% came when a live rep was available.

Based in Santa Monica, focused on out-of-state markets with strong growth.Not here for sales pitches, just real connections, real deals, and real conversations.