If you're completely transparent on what you're doing, daisy chain shouldn't be too different from JV.

That would be double dipping.I think the bigger concern would be the management company's lack of transparency in breaking down the revenue/expenses, and whether that means they are possibly rent shifting (offering lower nightly rates that they rev split with you and shifting the cost into various administrative fees that they keep 100% of).IE instead of$500nt x 4 nights = $2000, they take 16% of $2000 so you get $1680They might be doing something like (and this is typical of PM companies trying to squeeze out an extra buck)...$400nt x 4 nights = $1600+$400 in "administrative fees" = $2000.You get 84% of $1600 = $1344Same rent cost for the customer but now they are only paying you 84% on $1600 instead of $2000, and then pocketing the entire $400 "administrative fee".

Neither my dad nor my wife and I can afford to buy the home independently, otherwise I would.As far as the second home loan goes, I am very transparent with the lender.

Instead of providing transparency on the status of the investigation they’re being cagey making me nervous if I should continue paying the mortgage.

Go look for something else, plenty of syndicators out there that are very transparent and share all the numbers before signing on the dotted line

Welcome to BiggerPockets, Yes, it can be done as long as you are fully transparent with the property owner.

At Builders Trust Capital, as investors ourselves, we work with our clients and through proper vetting and full transparency can give the best terms possible and the greatest chance of success in their investment.

First off I appreciate your honesty and transparency telling me the reality of what it takes to even consider starting.

I myself am a huge fan of leverage, but can we as the BP community please start being more transparent about our portfolios and use better metrics? 

Should I just be transparent and say what I found on social media?