I know there are several other BP members in Logan that are active on the site, so you should be able to link up with some folks locally as well.Logan can be a tough market for rentals since the rent rates are pretty low compared to the purchase price and there's not a lot of inventory. 

If it wont be a "active brokerage", I believe it will be a epic failure.Agents need hands on support.Agents need leadership and motivation.Otherwise a bunch of useless goons will just park their license by you, and not generate you any real $Iv'e seen it all, literally.....

Is it really worth taking on $300k of long term debt to net $6k of active income? 

@Scott Voiers Regarding crowd funding, people need to be aware that some FIRE (financial independence retire early) blogs have come under “fire” for self serving and deceptive promotions that serve their interest while potentially taking advantage of their readers.

Keivan is an active investor from Marietta,GA and may know of someone.

I do think a HELOC will cost less in the long run - especially if you can find a lender who is offering a no closing cost promotion. 

No way as a syndicator myself I would agree to only a 20% back end promote.

I'm working full time as an Assistant Store Manager in retail and looking to earn a promotion within this year.         

I also believe the area will increase in price in the next few years with all the developments going around in the area and investor activity.

Each room could be rented to an individual: Active Duty/Reserve/Guard, college students, young and single professionals, etc.I spoke with a highly recommended property management firm, and they said they only rent per unit, not room.