If they meet your criteria indicating they do qualify, you shouldn't be using your "gut" to screen them out.2.

Isn't that the first indicator that something is BS? 

A higher potential return is indicative of higher risk. 

You simply send them a letter (email) indicating you appreciate their effort but you are canceling the agreement.

This indicates that you have an interest in a partnership or LLC.Your taxes does get complicated as now you will receive "K-1's" from these syndications.

There are other screening indicators in an applicant's record that can be just telling as an eviction. 

If history is any indication, A unit, that rents for $2k/month today, would likely rent for at least $3k/month in a decade.

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.I hope this basic guide helps.

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.I hope this basic guide helps.

If you're going to go the turn key route, you need to vet your turn key company well.In general, the ones to avoid are the ones that: Don't allow financing or a finance contingency (it can be a good indication they are selling above market value)Don't allow for your own independent property inspectionAre not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors)Require you to pay for any renovation upfrontSell only in cheap. low end neighborhoodsDon't accurately represent the neighborhood/property classificationDon't have consistent rehab standards for all properties