Legal Implications and RisksThere are a few legal and procedural risks to be aware of:Title and Zoning Issues: Confirm there are no restrictions tied to the property.

We also own an accounting/payroll firm and have a lot of MHPs, residential communities and apartment complexes as clients and have seen this happen a few times. 

There are many communities within each of these areas that run or allow nightly rental programs. 

Keep in mind that everyone has a different risk tolerance, different skillset (asset subclasses in real estate), different liquidity/net worth, and different medium and long term goals with their investments.So, simply listing the sponsors I like will likely be more meaningful to someone who's done at least a few deals as an LPs, knows the community, terminology, how to read a PPM, underwriting, etc.

.: Quote from @Kyle Carter: Hello BiggerPockets community!

You can also message me if this is an option you're seriously considering and I'm happy to chat with you about BiggerPocket's private community for syndication investors called PassivePockets.

I am aware of the properties at Wolf Run in Reno NV, Inspire on 22nd in Austin TX and Hayworth Tanglewood in Houston TX that have suspended their monthly distributions.

Purchase price: $7,800,000 124 unit Garden Style apartment community located near Oklahoma State University in Stillwater, OK.

Hello BP Community,Well I am official, I purchased my first house to flip two days ago. 

Welcome to the community!