Next piece of advice is shop this deal around with someone through the forums or local real estate groups (google for your area). 

But honestly, you'll want to shop around and compare a few local PMs since fees and services can vary quite a bit.

Long story short.. they inflated rent projections, sliced corners on property management, and almost left him holding the bag when the actual numbers came in.Vetting a syndicate means getting cozy with the sponsor’s track record, verifying their underwriting approach, and understanding whether they’ve handled rough waters before.

A friend of mine invested in one last year—apartments upstairs, a small coffee shop downstairs - and the combination of income streams made it a steady performer.Scaling with a 1031 Exchange:While not applicable unless you sell a property, planning for a 1031 exchange could help you scale quickly while avoiding capital gains taxes.

I think Civic closed up shop or sold or something like that I could be wrong but seem to remember hearing that.

So, if you are shopping around, trust your numbers and don’t be aggressive on price, you may be only bidding against yourself.

- Do you want an ocean view, or is proximity to the water or to resort amenities like fine dining or shops most important?

This will give you more time to shop rates/fees than to be under the gun with a purchase loan. 

I currently have a pre approval and am shopping properties and am stuck on the deal analysis side of things.

Class C transitioning to Class B: more renovated homes, higher income tenants and homeowners moving in, nice cafes, shops, restaurants, coffee shops opening up.An extreme example of Class C to B is in San Francisco - when I was a kid, what was not a safe neighborhood and had lower income people, is now in high demand and tech workers making $200,000+ are living there and people walking around at night going to restaurants and shop.