Just put a little more down and it cash flows, or maybe the down payment is 5% so it doesn’t cash flow but otherwise it is a great deal, which is why people look at net operating income when comparing deals, then layer in the financing component.

I stripped the wallpaper and layers of paint on top of it from some of them for aesthetic reasons. 

They might start low then layer on tons of additional fees that end up higher than someone else.

But ultimately, any cost to the syndicator is ultimately a cost to the deal, which means that at the end of the day it costs the investor.Investors that can find quality sponsors, and do proper due diligence on them, can save an entire layer of cost by investing directly with those carefully selected sponsors versus investing through crowdfunding portals.Good luck!

It’s an added layer of protection for our future selves.

The process started in mid-Jan 2020 and finally concluded on April 8, 2020 when I met the notary in-person (with mask & gloves) to sign the large packet of closing documents in the backyard of the rental unit that I live in.

But at the same point, when I do show it, I am waiting until current tenant is out, and I will be wearing my mask and keeping my distance.

@Ellie Narie to layer onto @Carl Millsap's comments, you need to better understand the competition.  4 families still trade through comp sales, not as much financial returns. 

This is a country (I've been there) that has a perpetual 365 day smog layer that makes LA's look like a bad cauliflower fart.

For under $3 sq ft you can get 22mm wear layer products that are water proof and have life time warranty residential.