For example: the multifamily sponsors will usually pay the considerable extra cost required to do a cost segregation analysis and this will increase the investor depreciation in the early years (versus an individual, direct investor who often will skip doing this because of the cost).The advantage of the passive investment is that you don't do any work.

Still gathering additional details, but looking to have it under contract within the month.

Financing-  build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.  

And knowing a thing or 2, I'm gonna assume you are good at the details, and at managing paralegal team. 

Here is the thread I started a few months back detailing my experience with Growth Equity Group, Brett Immel, and their cronies.https://www.biggerpockets.com/...Subsequently, I've had dozens of investors come to me directly, many of them having phone conversations with me, stating how they lost most or all of their retirement funds.

@Tyler Rabanus your analysis was in the right mindset (covert the garage, renovate to add value), just this property was not working.

Is this realtor providing you with the level of detail analytics that you need to make an informed decision?

Hence the “student” doesn’t have the foundational knowledge necessary for analysis and decision making3.

Are their listings detailed with good-quality photos?

Those details can ensure your projected $25K profit stays on track.