Firstly, I know I’m allowed to be a majority partner in a brokerage as long as I don’t engage in daily or company operations.

BiggerPockets was thought up for someone like you, with your needs.In the culture I was raised in, there is a very old tradition to do absolutely nothing, make no major life decisions, until 40 days after a loss.

This caused me issues & delays with the refinancing not to mention if I had just wanted to hold the properties without mortgages and the lender died I would have had major issues.

@Michael Dooley If your heart isn't set on El Paso yet, I would recommend moving to one of the other major cities in Texas, like Dallas, Austin, Houston, or San Antonio.

It is very small, so going higher end would not add much given labor will be majority of cost.

You probably have major taxes if you sell at full market value so be aware of that too.Good luck.

The majority of the Cleveland multi family housing stock is going to fit this bill.

We’d never lose interest as our business depends on our track record and investors perception of our commitment, follow through, and performance when faced with adversity.On another note, when the real estate depression of 2008 hit, the majority of syndicators went out of business, and the majority of those just cut and run.  

Where they pay the majority of expenses, I do the work, and profit is split. 

In my opinion, joining a syndicate is definitely worthwhile as long as it's not created with the intention on profiting upon the other members (which is what I feel like majority of them are).