This is also why many investors never achieve HNW, they want to get rich quick and get as much money as fast as possible and they never get close because they do not know what they do not know, which involves the risk in real estate and especially syndications.ok I will step off my fake podium and go back to work.

@Trisha KirbyYou will go from 1 property to essentially 3 so your cost of maintenance, capital expenditures etc is not includedAlso you will never have 100% occupancy at all times so that needs to be taken into considerationI would also have a property managerLast but not least you did not include your closing costs etc.

Hey Matt,I provide EMD and Double closing funds for Wholesalers.

Our conversion from lead to contract was 35 leads to a contract so we were closing an average of 2 deals per month only from SMS marketing. 

Consider that the other unit is paying or close to paying the debt service and you have little to no house payment. 

Historically that is close to the average.

Hey Account Closed - all the options you just listed out are viable options.

Account Closed Your company's website shows you as the Chief Technology Officer. 

When you show more income you do in some cases owe more to Uncle Sam, if you are not utilizing the Max deductions correctly.I would ask your CPA and maybe even get a second opinion on if he/she is accounting for all 365 days, taxes, mortgage interest, repairs, depreciation, vacancy, closing costs.There is always a way to 'Zero" out and not owe in most cases.

FINANCIAL CONTRIBUTIONS:1.1 Party 1 Responsibilities:Party 1 shall contribute to the partnership for the down payment, closing costs, and construction costs for renovations and additions.1.2 Party 2 Responsibilities:Party 2 shall independently pay the mortgage until both properties are rented, oversee construction and renovation, manage both rentals, and handle bookkeeping during construction.2.