Finally, if you work with a preferred contractor, that would be great.Regards,BrianMy specific criteria:SFR 3BR 1.5+ Bath - purchase price less than $150kB or B+ propertyCash-flow positive (minimum 10% net cap rates with at least 1% rental ratio)$5-10K budget to rehab propertyRent out to family for long-term leasestrong appreciationlow vacancies / supplylow property taxeslow price to income ratiospositive demographics - low unemployment, low crime, high % renters, population growth, etc.healthy local economy

Here’s where it becomes a thing of beauty……it looks like I’ll be working with him on more deals just like that this year.How many deals do I need to make that a 6 figure income stream?

So your taxable income is still ZERO but your qualifying income is $10,000!

The two current multi families I bought last year are worth about 25k more than I bought (and already had 25% equity when purchased due to loan requirements) and I went in and raised rental income in each by about 40% by getting section 8 tenants. 

I'm surprised the rate was that high, as even with a no income loan such as DSCR the rates I see these days are 9-10%.

They cost money though, as you have to bribe agents with food to attend.Despite us supplying our owner clients with data on web-hits, inquiries, phone calls, showings scheduled, showings completed and applications, they never seem to grasp that the perceived value of their property must be addressed.There are only a few ways to do that: more exposure, improve the property, offer a special or lower the rent.Perhaps you should have that discussion with your PMC?

In which case the K1 losses from the syndication would be able to offset the active private lending income as well as active income from other LLC's.When I bring this up to the CPA's they look at me a little funny and they don't have a confident answer for me.

So, let's narrow it down: do you want to be an active person within the business, or generate the income passively while spending your time on something else?

Although he has seen our income from our SFR propel in leaps over a 12 yrs span.

The market would need to shake out about 40% to once again to be affordable for the average two income family.