For the purpose of this exercise, I would like to start by separating syndications into two categories: (1) smaller capital raises that will only attract the friends and family sized checks because they require too much brain damage for those with the larger check writing capabilities;  and (2) syndications with capital raises large enough to fit within the investment parameters of true private equity/family office check writing capabilities. 

It may or may not have central air, deck, porch, etc.

For example my simple spruce up would be, renno bathroom, and kitchen, paint, and redo carpet upstairs.But if i think real deep into what I could do to make it a STUNNER then I think, knock down walls, create more open/broken floor plan, add central air, possibly do an addition to add a 3rd bedroom and second bath.So when you could do ANYTHING .. how do you draw the line of what you should do?

In my 40 years as a contractor , we have fixed roof damage .

We have a small rental property that had a tub drain leak causing extensive damage to the floor/subfloor.

HE HAS CAUSED PROFESSIONAL AND FINANCIAL DAMAGE TO ME!! 

Was previous water damage (looked ugly).Tenant was adamant.Gave tenant number to mold inspector.

Hi @Joseph Shuster, hope you didn't sustain any damages from the recent flooding in Tennessee.

I'll take my answers off the air, lol.YG

Generally places with high cash flow on paper are cheap homes in not so great areas where you have higher turnover, damages and real cash flow is lower.