Target prospective homesellers from 2-3 sources and present these opportunities to your network.

But where there are large sums of money present, there is opportunity for decisions to be made that are not in the best interest for the LPs - and given the distance LPs are from a typical investment - you are at the complete mercy of the GPs as to what you know or learn about your investment.  

Defer costly repair and wait to just replace? 

Having a mortgage presents an additional hurdle. 

I took over an hour, on a Sunday,to click a suspicious link in order to look over your property, to learn a little bit more about the West Chicago sub-market, to analyze a deal for a stranger; and to present a rough algorithm for how to analyze the numbers of a deal so that a general process could extrapolated for the next property you consider.

You don’t have to skimp on the neighborhood or the quality of the house, but if it is a nice little 3/1 or 3/2 single family home in nice condition with no deferred maintenance, then your chance of making a mistake or getting hurt financially while you learn is limited.

**Introduce the Idea of Seller Financing** - **Present It as a Solution**: Frame seller financing as a creative solution that benefits both parties.

I understand wanting to save money on the monthly fees, but when it comes to maintaining an investment that can very easily be devalued by deferred or poor maintenance it's worth it. 

"yes you can defer depreciation recapture in a 1031 exchange."

If you don't screen them, then you don't know what kind of risk they present.