Some critical areas of attention I always consider as important:Communication and transparencytrack record and experiencecondition and areaARV and cash flowAs always just as with anything else do your due diligence, congrats on your new ventures, may they be prosperous and joyful. 

I use Wave... works great for me from a purely accounting point of view.  

I am purely looking at a way to buy a home via the business that I can use for my family and then possibly keep as a rental down the road.  

My rationale for 3x cash flow or global debt coverage ratio as we like to call it in the banking world is based on not only paying for living expenses but within that 3 times expense model I've also considered the min amount of funds I'll need to have to feel comfortable funding my reserves, cap ex, fund my other ventures, and a cushion as well in order to keep growing a self sustaining machine that can scale purely off the "passive," cashflow in and of itself.So for those who need just 1x or till passive equals 9-5 that might work if you live below your means with your 9-5 but if not you may find yourself overwhelmed when the units need an over haul.

A purely active investment isn't an investment at all, it's a job.

The U.S. is not a democracy, nor a purely capitalistic system, and again, never has been. 

This isn't the pure passive investment that a syndication provides, but it takes 95% of the work out of their hands and provides better cash flow (especially if they're moving their money from an expensive market to San Antonio).

"Credited back on a future purchase" is pure crap, and you need to speak to the managing broker/owner of the RE firm.

Some pure essence of a stupid so uncontaminated by anything else as to be beyond the laws of physics that we know.

I had a candid discussion with the owner representative who stated a pure financial play at 10x EBITDA would be turned down.