This would allow you to own (partially) income producing RE, and is also extremely passive beyond the upfront work to understand the niche and vet the Sponsor.Only problem with Syndications, when comparing to your original post, is that a lot of them are 5-7 year holds, and you like 10.

I believe I can be able to service your needs with a more competitive rate and help secure a better rate on your ROI, if you would like we could chat, go over your needs and see if I can add value to your situation and hopefully save you some money compared to what you will be paying a property management company. 

The first Lien told me they would not tell me anything within an authorization to release from the borrower, which the borrower didn’t provide.

We looked all over and were having a lot of trouble finding anything comparable. 

He got a slightly better interest rate than Synovus and higher LTV--he compared both. 

Join local apartment owners associationNetworking through all Meetups and Reia's in Peoria area in order to find other PM and small apartment ownersConsider starting your own PM, Association and meetup to become local authority.

Sometimes PM groups have software that can help pull comparable sales information (CoStar & Yardi). 

I compare this with a quick verbal or hand-written rundown of a cash sale.Since I am a real estate agent, I present both sides to the seller and let them choose what is best for their scenario.

The “cost of the water” if someone floods their unit is miniscule.....compared to the costs to repair that/other affected units.....which is why you have proper insurance.

It makes sense that adding a second bath to a 4 bed home will make it much more desirable to a group of renters, but I think only comparable sales and rentals can give you a quantitative estimate.