If they’re “passive” investors they invest in funds/syndications where the syndicator/fund manager has “stretched” beyond all reason because the ROI in his specialty has gone below all risk return reasonableness BUT it’s his business and he doesn’t have the integrity to (temporarily) shut it down.  

Definitely a unique position to be in. 

If it's just speculation, start by reviewing the law to see if there are any unique requirements for a business.

Your record of this deposit (via teller slip or online transfer) will be your receipt of payment.This elimates complextity and the additional steps/rules that come with using a third party to collect rent.I get an email alert when a tenant makes a deposit, and each rent amount is unique so I know who has paid in case they don't have the teller add a memo to the payment.They can transfer funds online, or walk in to a local branch with cash, personal check, wampum, etc. 

With $80k to invest, you have two solid paths to consider.Going the BRRRR route (Buy, Rehab, Rent, Refinance, Repeat) could allow you to stretch your money further.

Make your furnished unit unique and market it everywhere.

While DSCR loans tend to have interest rates a bit higher (generally 0.75% to 1%) than the other two options, which can challenge cash flow, this comes with some advantages that are uniquely suited to the BRRRR method.

This will give you the opportunity to see how each of the disciplines are unique and different, and profitable for the time invested, and allow you the chance to decide which segment to become an expert in.

Buying an old property with lots of neglected maintenance comes with a unique set of issues.

Unique home, tiny home, full renovation to bring luxury to the tiny home community, location (king st alexandria).