Definitely want to make sure they are full service, do periodic walk throughs, and have a solid Owner Portal.

In this case of a syndication as an lp investor, someone else is doing the work.2012 to 2022 was a great period to invest as an lp in RE syndications; I could say 2012 to 2022 was a great period to invest in RE (not just as an lp).I do active RE investing and passive RE investing and have done well in both. 

If not, yes they are responsible for rent until you get it rented (but you must do your best to get someone in quickly to minimize the vacancy period). 

Loan period remaining.  

Hold it for a defined period, maybe 12-18 months, while tightening your personal budget and saving aggressively.

The problem is that most only last 10–18 years—so tenants will need new jobs multiple times during your hold period.

You also need to meet the 100-hour material participation rule, and your average period of customer use must be 7 days or less, per IRS regulation.

@Matheus SouzaInvesting in out-of-state markets like Cleveland and Columbus can offer accessible entry points for first-time investors seeking multifamily properties with your budget constraints.Insights on Cleveland: The multifamily market in Cleveland is showing signs of stabilization in 2025, with rebounding demand following a period of supply adjustments.

Just know, building wealth and being successful is less about choosing the perfect strategy - its those who are able endure uncomfortability, failure, and learning as they go over a long period of time that builds wealth and success. 

It took a longer closing period, but it paid off.My clients just closed on a duplex using the FHA house hack strategy, and it’s a great example for anyone looking to get started.Here’s the setup:• Purchase price: $534,900 duplex (2/2 left + 2/2 right)• Financing: FHA loan• Negotiation: Seller covered closing costs + rate buydown• Cash to close: $21,879.56The plan:• Live in one unit, rent out the other• Current rent from the occupied unit: $1,495/month• After factoring that in, total cost of ownership drops to about $1,800/monthWhy it works: FHA allows low down payments if you occupy one unit.