I may come across as a bit harsh here, but if you just bought the business didn't you analyze the rent and tax situation and incorporate it into your pro forma?

For a rehab I’m analyzing, I’m considering to move the furnace.

And then all of that data can be further broken down into its individual parts/history to be further analyzed.

The vast majority of the owners self-manage them as a part-time/retirement job and are older.

I'm currently in the process of analyzing a property I've found.

I have two lenders I am deciding between and both have vastly different monthly income numbers for one of my properties.

As a partner I'll still have to call my GP to see how the investments are going, go to the property every now and then to see how its preforming, analyzing monthly rental statements or quarterly reports.

A friend of mine was doing it and it interested me so he taught me how to find and analyze deals and I’ve been hooked ever since!

The vast majority if multi family units are in old, rough areas as I'm presuming this one is.

I suppose even then, you'd consider syndication (assuming all deals are analyzed and vet'd) would be more worth my time?