Homes will have even more deferred maintenance and tenants will be even harder on them.Class D pretty much requires an OWNER to be on location and at the property 3-4 times/week.

I'll address the questions I see here.Cody never says this is easy and requires very little work.

If the mortgage on the condo costs you $2750 and you can get half that from a roommate, you guys have the ability to stay somewhere you actually desire, and you're only footing half the bill but getting all the benefits.

Flipping requires you to continue to do deals to make money while renting provides a steady income.

Let me know if interested (registration required due to space limits of 40 people per meeting).

If you desire to walk into someone's office nearby, that's understandable, but most things related to accounting can be accomplished the same way remotely with video call and email correspondence.We use a secure portal for all of our business and sensitive documentation. 

Sorry to hear about this and it's definitely important to watch out for Ponzi schemes.At the same time: many syndications require an investor to sign an NDA to protect their confidential techniques, sources, customer lists etc. from competitors who could damage them otherwise.

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

You will pay for property management or rent collection some other way that probably is less desirable. 

The accounting side is a lot to be desired.