Ironic that I've had non-recourse in HUGE international commercial projects, but not on local SFR???!!!

He has been a huge component in our ability to self manage.

Adrian Schmidt with Atlanta Fine Homes Sotheby's International Realty.

Others have found that investing in big apartment syndication could be less stressful and equally profitable.If you ever do want to invest in an apartment syndication deal, here is what you can expect:- You could earn a Preferred Return which can range from 6-8% annually- You could earn an IRR (internal rate of return) of 12-18% over the life of the investment, which tends to be 10+/- years.- Preferred Returns and IRRs higher than the normal range tend to be risker transactions.Like buying an investment house, every deal is different, and you must carefully read the investment material.

One bank wanted an internal appraisal, while another bank only would do a desktop type of appraisal. 

Diving in means looking at comps - sale price, average rental value, typical expenses, pulling actual taxes, figuring insurance in before you call the broker (again, if you know the market you know what insurance should be), trying to "guestimate" the age of major components such as roofs, plumbing, boilers, HVAC, parking lots, etc. etc. etc.

Dear BP Community, 

Originally from Belgium, I moved to sunny Miami some weeks ago to pursue my degree. I'm a 23 year old Real Estate grad student at FIU (Florida Int. University) looking to get into the real estat...

Why are you thinking of doing this; bad credit, no job, short amount of time in the job, international??

This property meets the requirements of Sections 1947.12 (c)(5) and 1946.2 (e)(7) of the Civil Code and the owner is not any of the following: (1) a real estate investment trust, as defined by Section 856 of the Internal Revenue Code; (2) a corporation; or (3) a limited liability company in which at least one member is a corporation."

Various components came into the mix.Yes, I do like the property.