These failures are pretty straightforward and easy to assess.

The way Avery Carl (the author) and the podcast guests describe it, managing an STR seems quite straightforward, though I'm aware it requires significant effort to be successful.My plan is to purchase a property for under $400k, make a 10% down payment, and self-manage it as an STR.Living in San Diego, and given the real estate prices in Southern California, finding a profitable STR locally seems challenging.

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsGood luck on everything!

The keyword here is passive.

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

You definitely cannot co-mingle funds with pre-tax or after tax accounts...I didn't say it couldn't, but was just saying that there were simpler transactions, like buying and selling a contract, that were more straight forward, and the previous comment that the CPA wouldn't take a client with a SDIRA.

It is pretty straight forward. 

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Keyword WORK.     

Hello,This seems like a straightforward concept, but how does investing with multiple LPs in a real estate syndication affect the amount of equity each investor has?