Since syndicators cannot advertise investment opportunities for non-accredited investors, sophisticated investors who wish to invest should be active and network with syndicators to get access to deals.

I need advice on setting a rent price, property management ( If I should do it myself or 3rd party), advertising, property taxes, property insurance (Do I need to switch my insurance before I rent it out?)

The rest of the year is a mix of Airbnb and VRBO, we no longer advertise on CL as it just didn't yield much results.  

I always refer out my good vendors, and so far they have always been very grateful and I get the benefit of priority, small freebies, and overall better work.With referrals, you are still a source of income as a customer, but you are also a source of income as advertisement, making you more valuable to them.If you have enough work to keep them nearly full time employed then it may be a different scenario.

If you get a door slammed in your face by one person, be sure to send a mailer to that address for that person (that may like that advertising better than door knocking).

For example:  Is the advertised NOI of $36,000 achievable?  

I took some action over the last couple of days and drove around my neighborhood looking for abandoned houses.

.➡️ Operating ExpensesThe IRS lets you deduct “ordinary and necessary” expenses paid to manage your Memphis rental property and run your business (i.e. advertising, pest control, repairs and improvements, tenant screening, utilities, and more.)➡️ Property Taxes and InsuranceInvestors have to pay property taxes and insurance regularly.

Do your "numbers" factor your trailer trash single mother of 5 abandoning your property in the middle of the night leaving you with unpaid rent, 2 stuffed up over-flowing toilets because she tried to flush a dozen diapers down them, and her unemployment boyfriend who is now your squatter?

All I wanted to do was to see the world, get an education, meet pretty girls and all that good stuff in the advertising!".