She is exposing you to risk just as she would be if she breeding fight dogs or making meth.

“Money goes where money is treated best.”Your future ability to attain and maintain financial freedom depends on the city where you invest.Investment TeamAn essential location selection criterion is an experienced local investment team.

Much like by the end of this decade, I will take those same steps to become even less involved with work and have more times with my kids who will be really developing and that will be my focus.The difference once I made money, and was able to make it make money for me I de-risked by eliminating leverage.

It also could come from not having an experienced partner to help mitigate risk. 

But shorter term debt greatly amplifies risk.  

STRs are a great way to make money, that's for sure...but it does not come without risk.

Liquidity is important if this is money you plan to put to work in the near term. 

The higher the cap rate, the more risk involved in the building. 

And @Natalie Bender is right about spreading your risk by going into multiple DSTs. 

Depending on the transaction sizes you are pursuing, raising money to purchase property without debt requires either an incredible network of relationships or devoting a lot of time and effort to raising money.