If the market goes well, they can 5X the initial investment, take 30% carried interest spread on $50M, and buy a ton of luxury real estate to take even cooler pictures of their life on Instagram. 2) Extreme diversification, sprawling, "strategy and synergy free" portfolios:The other take that is possible from naive social media followers, but not from sophisticated family offices or private equity shops is one where a syndicator raises a ton of money across multiple different types of asset classes in a seemingly random set of geographies. 

Time sink: takes so much effort and time while working full time.Option 2: Buying Rental Property in a Cheaper MarketPros:Time to cash is immediate is about 40 days from closing time.Landlord friendly: which means eviction and rent control in LandlordDiversification: Investing in a different location spreads the risk.Property Appreciation: Some emerging markets might offer significant appreciation over time.Established Rental Market: Easier to find tenants in established rental markets with a high demand.Potential to build an ADU: i can build on the property land.

So the spread would worry me. 

Have you narrowed in on any properties yet in FL? 

Am I able to write off 60k worth of rehabbing for depreciation upfront or does that get spread out?  

Feel free to reach out with specific questions once you ahev narrowed down your plan. - Chris Kersey 

I was interested in buying into this for $1500. for that he says they will show you how to narrow down your mailing list with the correct criteria, give you the right mail copy that works and build a credibility website for you.

I wish I had better news for you, but it is a wide spread problem from my experience.  

Ive narrowed it down to 10 markets but wanted to speak to anyone in these markets that doing any REI work.

Once you start narrowing down which places you would like to invest in, start building your team!