@Moira Baggett it's hard to answer without knowing more specifics on what you define as a "failing" syndication investment. 

Meaning landlord does not have to fix them.4) Yes, you can usually do this if it states so in your lease.Many PMCs requiring tenants to put all nonemergency maintenance requests in writing and an emergency is defined as something that may cause bodily harm or damage to the property.

And a big social media aspect.

The main hurdle that many of our borrowers face are the income aspect of it, especially expensive markets like the West coast.

Hey Daniel,That is great that you have defined your metrics, but as @Ray Hage stated, a turnkey 7.5% cap does not exist in Miami unless you are buying in the really rough parts. $250K a unit is also somewhat realistic in those submarkets, though not impossible.Your best bet is a value-add strategy on something that has significant upside with a high growth submarket.

There's certainly other aspects that you need to consider such as pricing, quality of photos & overall listing, is it clean/repairs are done, if there's tenants are they being decent to people during showings, are you requirements reasonable etc... 

As you prepare to rent it out, it’s great that you’re thinking ahead about the legal and paperwork aspects.

It's well worth the peace of mind and saving your time to have Anderson take care of all legal aspects of a STR company!

Quote from @Michael Smythe: @Zehua Zhou usually, your 401k will lend funds to your LLC.In that case, you would give a PMC the LLC EIN.You really should get advice from a tax professional.Michael, what you are proposing is a "prohibited transaction" defined by the IRS. 401k would be prohibited from lending funds to the account owner's LLC.  

First time posting and getting into the investment scene, I currently have a single family home that was my previous primary, and looking into purchasing my 1st true investment property, trying to find some advice on the financial aspect of the purchase, here's my scenario;Currently going through pre-approval with the builder and I do have liquid assets enough to cover the downpayment for the property (40k) but I do have a car note (41k, 800 monthly, extra 500 to principal monthly) and a Patio upgrade (25k no interest till March 2025).