Many folks feel that a one year hold is sufficient. 

I started investing in 2019, got my license in 2021 and was initially with a residential broker that was primarily focused on retail transactions (aka sales, purchases, leases, for regular end user folks). 

U have to vette folks to make sure they take care of it and just dont sell it .. :)  So with what you have raised and if you want to continue raising money you could follow the same path I did..

He ended up having to pay back all the extra money to the tenants AND pay back all the money S8 paid for rent since the beginning of their tenancy. 

I did a survey last year and spoke to 8-10 lenders and they all said they wouldn't add extra value to the property based on it being a working STR.You need to check comps of other mobiles in the area of similar quality and price it accordingly.

Quote from @Meshael Eady: Hello BP Family,Starting today I will be marketing to folks in Brooklyn who might be in danger of losing their homes to foreclosure. 

Does any one have any experience with this being the case. 15 people seems a bit extra for 3 bedroom condo. 

@Jonah Gunalda you fit the profile of a large segment of the passive investing community--someone who has a good income from something they are really good at, and would like exposure to real estate in their investment portfolio without distracting them from that very vocation that put them in the position to make such an investment in the first place.There probably isn't a "typical" profile of folks who do not and would not invest in syndications. 

Hey Imdad, I haven't taken any of these courses (not need) but I've talked to several folks that have.

As long as it is not over 25% of the going rate, Id happily pay extra for a knowledgeable person to help me make my problem go away.