As always, speak to your team of advisors before implementing any strategy (CPA, attorney, life insurance advisor [if applicable]).

Gave me the opportunity to see what success looked like, to learn from their successes and failures, to have in-person resources I could go to when questions or issues came up.So for me, having experience buying/owning a home combined with having local friends who can help are the two invaluable tools for what success I've experienced thus far.Hope that helps. 

@Patrick Daly If this is your first syndication, you have to prep up in advance in terms of investors conversations, legal structure, assembling your team: securities attorney, CPA, lender, insurance broker, etc...

The property is in a popular location so I have experienced significant appreciation since buying it and the debt pay down is great, but it will be the only property I buy with a 15 year mortgage. 

You really do need to get some trusted local experts on your team so you don't snap up something that looks like a great deal and end up getting "snapped" yourself!

And that's how much YOU can get out of THIS PARTICULAR PROPERTY with the tenants that YOU'VE experienced, no more, no less.

My wife and I drive team and we both got a fha loan

Hi Team,We just purchased an investment property and we need a 1 car garage, back yard wooden fence and drywall with walls (from the basement) demolished.

I've been looking into sub-metering a SFH home with a mother-in-law suite and experiencing difficulties regarding zoning and the utilities companies.

@Dan Barli - yes working on finding my right team,agree need to find the ultimate lender very important.