@Will Fraser I completely agree that it is the most passive investment strategy that i can take. I guess I am being a little more "greedy" (for lack of a better word), and was looking for an option that is a little less passive. I can spend 5-10 hours a week if that helps me get better ROI long term than syndication. However, I have not really looked into data around how much returns do RE syndications historically give and if that meets my criteria, then that actually be the best answer. Will spend a couple of days considering this. (if you or your clients have any experience with syndication, would love to know what your experience has been) Thank you for the nudge in this direction. I will start by looking into Brandon Turners ODC syndication.
@Cole Simpson You bring up an excellent point that i should have included in the description. I have added it now. My goal is to find a "relatively low risk" way of achieving 15% ROI/IRR over next 15 years in order to reach net worth of $5M. I have not learnt a lot yet about the short term rentals, primary because of my fear to changing regulations/laws around it (making it seem moderate risk to me). However, i guess there could be strategies to lower the probability of these risks happening if i chose certain states/county/markets. Will look deeper into this. Thank you.
