It sounds like a single family house where you will be living in the house(personal use).Therefore, you may not be getting the tax benefits you think you are.Consult an accountant.I am not sure why your sister would agree to this as well, she is losing $170,000 in this transaction and she faces the possibility of you increasing her rent.You also have to charge market rent or close to market rent or it is all deemed personal use.

. ($300k has to be earned to net $250k.) so you’re looking 5 years of zero vacancy and zero capex to break even.

If you choose to go the Syndication route, it's important to get comfortable with the GP and also underwrite the real estate as if you would personally purchase the property (even if you don't have the financial means to take down the property on your own).

Making over a $140,000 isn't much of a horror story even if it's a "scary house." 

Even in up and coming neighborhoods, you can find vacant run down houses and turn a "quick" 20-50% return.

I need a new policy for my single family rental, can any one recommend a insurance company?

Probably not even close.  

And this doesn't even address the risks they take coming to this country, like the women and children that are sexually abused or trafficked, the men that are killed, the drugs that are hauled over, etc.2. 

A percent of rent for pm’s makes even less sense than for realtors.

Also, does the initial draw have to be the full amount like a HELOAN even though the product might say HELOC?