How long it takes to be financially ready is different for everyone.

It's how I've maintained a perfect bond rating and managed my business with the CSLB>I've read many of your posts and am aware that you feel that you can decide when you want a permit or not  I would word it differently.  

i noticed though that the strategies you proposed are very different... an STR is a hospitality business and syndication is (in theory) at least somewhat passive.my main tip in getting started is not to rush into anything. 

There's also a calculator on my website that will help you navigate different scenarios.

How long it takes to be financially ready is different for everyone.

I have a slightly different perspective than most.

So, in actuality the divide between “good” PMs and “bad” ones is probably no different than any other service provider, be it real estate broker, mortgage originator, etc.The key word I has in my sentence was MAY; as in MAY be hazardous to your financial health.  

As you mention big difference between fraud and a bad investment.

Might just be time to sell it all to get in a better position and take what we learned along the way to do things differently next time.

Valuing your time and understanding your limits and skills will make a big difference in the equity you build, the quality of the work and your sanity.