So I offered my father, what if I invested themoney to fix property and manage property so we could increase rental income and we would divide everything across the board including a sale of property once everything was said and done.

Also, note that all cash flow numbers previously listed will be divided by two, and the following numbers are representative of YOUR returns on this investment.Price $440,000 [20%dn 4%int 20yr]                                                            5yrs                                                10yrsReturn on investment              $81,757 / 92.9%                        $203,594 / 231.4% Annual ROI                                       18.58%                                             23.1% ROI Compounded Yr/Yr                 14.04%                                             12.73%-------------------------------------------------------------------------------------------------------------Price $430,000 [20%dn 4%int 20yr]ROI                                                $87,486 / 95.9%                       $209,893 / 244%Ann                                                     20.35%                                          24.4%Yr/Yr                                                   15.07%                                          13.15%-------------------------------------------------------------------------------------------------------------Price $420,000 [20%dn 4%int 15yr]ROI                                                 $96,110 / 114.4%                     $225,271 / 268.2%Ann                                                        22.9%                                             26.8%Yr/Yr                                                       16.5%                                            13.92%There they are.

Carpet is very much a dividing argument right now, but people that don't mind carpet aren't going to be picky as long as it's new and neutral. 

Typically the syndicator or sponsor is one person or a team of people who divide tasks and raise capital from investors for the equity or down payment to purchase the property.The key thing to remember is when you do this you are creating and selling securities so you need to be very careful to make sure you are in compliance with SEC regulations.There’s lots of info out regarding syndication, how it works and the rules and regulations.

Thanks for the helpSome lenders will take your yearly income for the last two years and divide by 24 months to arrive at "monthly income".

A single delinquency can cause large hardships on the remaining owners, and if there is a large deferred project, such as roof replacement, that expense has to be divided between the small ownership.

Divide the replacement price by the number of useful years left and that is how much to put aside for that item.

@Scott TrenchNot the "wishful thinking worst-case scenario" with nuts and sprinkles and whipped cream.The real worst-case scenario.I keep finding this business is clearly divided between the people who work to avoid lying to themselves and the broke.

Also make sure that you get it in writing that the deposit is equally from all four and at the end of the lease the remaining balance of the lease will be divided equally amongst the four of them. 

Here are my calculations so far:Purchase Price: 162,500Closing Costs: ~2K - 3% of Purchase Price + 3K in Seller CommissionsDown Payment: $8,125 - 5% of Purchase PriceInterest Rate: 4%Loan Term: 360 Mo.Rental Income: $1K (If I Include my cost of living, I add $450 a month because I currently renting out a room in a 3/2 house for 535/ month I can bring this number up to $1,450)Taxes: $216/ monthInsurance: $121/ monthPMI: $115/ monthVacancy: $84/ monthRepairs: $102/ monthHOA: $10/ monthMonthly Payment Due Each Month which includes all above: $1,385If rental income is ~1,450, I’m clearing $65 a month or $780 a year which divided by the down payment and closing costs I am earning a ~8% return on my investment.