They were blaming it on a snow storm in December and sicknesses in January.Issue 4: After tenant (from issue 3) vacated; they performed a walkthrough and told me things that the tenant broke (laundry door, punched a hole in the wall, the usual). 

Have you guys found they're usually an asset or a scam?

Reminded me of this: Larry Fedora: Football is 'under attack' and if it goes down 'our country will go down too'Most syndicators with a solid track record usually say no to investors with lower net worth, lower income due to the headaches mentioned by @Joel Owens.Maybe this is a case of much ado about nothing?

I have a code enforcement inspection each year and the biggest issue is usually smoke detectors and any other safety violations.

Is there usually a premium paid above what market rent is , or is there a profit sharing type of model used ?

Granted, I am very new and still learning to analyze properties, but it says in the description that it rented for $1272 and is listed at $375k.Not sure if you were just looking at houses in the price range that Jonathan mentioned and not too deep into the numbers, but how could that work for a house hack?

@Justin Yurong  You mentioned you're near the end of escrow, but typically inspection is usually the first contingency released. 

Yes you can use a conventional loan for an investment property, however, if it's non-owner occupied lenders will usually ask for 20-30% down.  

Usually a little lower for your primary residence.

Appraisals are usually higher than a house is worth on the open market.