Or they could never get to the latter, because they never had the beginning characteristics which include the former to develop properly. 

If an asset is throwing off a certain yield that is not commiserate with it's risk, then investors will then begin paying more for that asset, thus decreasing it's yield....or start paying less for the asset which would increase it's yield, until it was at the proper risk/return rate to produce the yield that is truly reflective of it's risk.The problem is novice real estate investors get the risk/reward correlation backwards.

Without proper boots on the ground, your property will never get the proper love & respect it truly deserves (I get it.

Hello Scott, developers require a minimum down payment of 30% and the balance in  to 9 months in a pre construction condo.

This would be my first STR so I also am personally interested in giving this business model a try to see if I do want to operate in this space longer term and want to do this properly. 

I've built a $18M RE portfolio without ever having to do a syndication.I hope I answered your question properly!

Pay the balance before it's due. 

Given your limited cash and high DTI, refinancing after boosting rents might balance risk and reward best.

Locking in a lower interest term loan will also force you to get the principal down as opposed to just making minimum card payments every month that allow the balance to keep growing.

And, having ready access to capital allowed us to scale more quickly.  2) Because the compensation is so balanced, it makes passive investing much more attractive.