IO also is an option if concerned about monthly cash flow. 

They were investors, and would not pay more than what they could rent it for and make a positive cash flow.

As a Spark investor, you are effectively paying double fees (Rise48's and Spark's) and then the cash flow coming from Rise48 is stripping 30% off for their carry, and of the remaining, Spark is stripping another 20% for their carry.  

If you can swing that and you can find a duplex or 3-4 unit that cash flows.

Not enough info here to tell.....Do you plan to finance this or pay cash? 

One guy I’ve known for 30 years completes the purchase in his own name for cash, and turns around and sells sometimes minutes later.  

It cash flows but is very tight. 

Or did you pay cash like Dave?

i want to keep the group small. not like industry scale crowdfunding.if I can find a property which has okay cashflow (which is hard anyways). and can collect around 10/20 people who wants to invest some cash each.I build a company to own the property and give each person a share. and give yearly dividend to each, until sold.

Has anyone else paid more for a property because it offered better intangibles vs a property that had better cash on cash?