A lot of factors here as Kory mentioned. 

Looking at a syndication opportunity, the experience and track record of the team involved (both sponsor and property manager) is probably the most important factor: ex. 1000+ doors minimum and several deals in the market where the property is located.

We definitely know TENANT SCREENING is one of the most important factors in making this work!

Mindset is a huge factor in this game.

I do not have a management expense but will be sure to factor that in as well.

What were the deciding factors of choosing Gulfport to invest in?

Does anyone know of a lender who will lend on an owner occupied rental and base qualifying off of property value, or another factor besides income or DTI?

Find someone desperate (who is motivated by time, emotion or other factors more than money)3.

does not mean this will also happen to you.So this is what you do.YOU need to do a cost/deal calculation for every method for lead generation you are considering for your market.Now you know how much money you need IF you were to do DMM, or IF you were to do bandit signs.Now this is DATA, so you are not gambling much here.Then factor in the effort it takes and the time it takes for a deal.Bandit signs may be almost free but it is illegal and a LOT of effort and work, and again risk for hefty fines.DMM simply is a bad idea... so figure out what is feasible and then you go for that!

Purchase Price: $400,000 with 5% downCurrent Market Value: $465,000 (selling directly to tenants will involve no agents)Current Rent: $3000/monthWith increased property taxes over the last 3 years, our monthly cash flow is down to only about $90/month factoring in vacancy and maintenance.