@Breelon BryantIf you have to buy a replacement fridge 3 months in, what happens to your return..Not to mention the heating or cooling systems failing?

Problems are extremely rare because they have systems in place for verifying the individuals identity first.

For sure you do not want one if the house is on a septic system.

If your going to make a business of syndication you definitely need systems fir raising and managing capital and an online portal for your investors to login and see all the info on there investment. 

The good news is that the solution can sometimes be simply installing a radon system under the slab (known as a sub-slab depressurization system or SSDS). you need to understand the conditions of the DEC no further action. when residual contamination remains, usually there are deed or use restricions. you should engage an environmental consultant to assess the risk. lenders will likely require it and may also want insurance policy. converting to self-storage may not help b/c there could be a concern about women of child bearing age being exposed to vapors. what state?  

Gut & rehab all units, W/D in unit, exterior renovations, landscaping, paint, security systems, new gate & signage, lobby, storage units, repaved drivewayWhat was the outcome?

It's close to the city with commuter rail access 0.5 miles from my house and a great school system, making it one of the most sought after towns in the area (neighboring properties have sold for much higher than their asking price in recent years and we are constantly receiving mail from investors interested in buying the property).The property is in need of extensive renovations, a majority of which seem to be cosmetic (kitchen, bathrooms, flooring, etc.), meaning that there is significant potential in building equity by buying the home and doing these renovations and attaining a high ARV.I will most likely have the opportunity to purchase the place in a direct below market value. 

Furthermore.... this “extenuating circumstances” dead uncle system is an easy google search for any guest looking to break the policy.

The worst thing we can do is allow our impulses rule us and abandon all systems and protocol

We talked about what the monetary system and political system was like from where she was from.