Essentially, treated lumber should last 15-20 years with minimal maintenance as long as you stain it every few years and generally maintain it.

The warranty does expire on 10/2020, so I do plan on getting a technician out for a diagnostic. 2 weeks ago, my PM only sent out a technician to refill R410a, he did not even attempt to locate the leak saying it should be minimal considering only 2lbs.

Since I do not have much experience, preferably looking for a unit, $70K max, that needs minimal work.Thanks in advance!

One of the beauties of syndications is that the passive investor can get involved for a minimal amount of money (when compared to purchasing the property itself) and reap the benefits without needing to worry about management, financing etc.

Since I do not have much experience, preferably looking for a unit, $70K max, that needs minimal work.Thanks in advance!

That would give mom some quick cash with minimal work if ARV is about 550k to650k.If you are doing this to help mom, help mom, not yourself.

Please let me know your thoughts and any advice on how you have minimized the impact of franchise and excise tax on your properties? 

We don't have deep pockets so that is why we would need a minimal down payment.

The best deals I found on "homes in good condition type properties" seem to have a rental ratio of .85% max, with minimal cash flow.And obviously buying on retail listed prices would obviously mean we are paying top dollar in the current market price.

Right now I’m gathering information so that I can develop a system that works for me to minimize risk.