I would be coming in through an LLC, so feel comfortable with liability protection as it relates to other assets, but still, will be on title, so there is exposure.As a real estate guy I'm still in growth mode and am having a hard time swallowing the dst pill. 

The day we were set to switch over I was told with their direct API, VRBO no longer will process payment and for our business model I was not setting up 90 plus listing stripe accounts or doing the accounting for that process.

If you want directions, you need to tell us where you are, where you want to go, and what your mode of transportation will be.

Here is my take on it.I have 2 buckets.Clients I work with nationally that buy STNL and MTNL and I am the principal commercial broker as it's my firm and I work with them as the broker.Second bucket is I syndicate value add retail deals where I am the sponsor.1031 money unless buying directly needs to be DST or TIC model. I

I personally would never go with that model is that is begging for management issues like roommate drama and chasing rent.

Tenants, "go into Holiday-mode" and start spending disposable income (and racking up their credit cards) on Thanksgiving feasts & trips, Xmas presents & trips, and finally NYE plans.3) Income Tax Refund checks start being received towards the end of February and corresponding, the rental market starts picking up again as tenants payoff their “Holiday Hangovers".4) Spring Fever starts, sometime in April-May, causing both sales & rental markets to start picking up.

I have had to truly suck up my principal which has been hard and one day I might but starting out you know that it is just survival mode so you can afford to grow more and ten years in be able to be more picky if choose to change routes. 

Their model is similar to most syndicators right now, underwriting a cash out refi. 

Our model is basically 2 people to a room, each individual pays $175 a week, each house has a manager (who lives free of charge)that handles intakes, discharges, accountability, checking chores and collecting the rent.

And a bad tenant, primarily one that destroys a house, will also cost you a LOT of money (and put you back into renovation mode again).