Even if the sponsor lacking knowledge and experience can raise capital through syndication, their life will become a living nightmare of lawsuits, hostile social media posts, public ridicule, accusations, legal threats.  

I live here in Albuquerque and have been investing here for the past 15 years.

I live in jersey but bought my property in Pennsylvania because jersey and NY are extremely expensive.  

Hopefully, not an expensive tenant or Fair Housing lawsuit.100% of what @Travis Biziorek states is true, but he left out a key fact - he lived in the Detroit area when he started investing here, so was able to self-manage and meet everyone he had to hire face-to-face.

People have no choice but to move to cities where they can live and work immediately.

The lot works and ok with living in one unit, just trying to find people that have executed them in Los Angeles City.

Hello, Starting to research about STR options/opportunities in Mexico (as a Canadian living in Canada).

. :)This is especially true if you rely on furnishedfinder.com as your primary lead source (which you shouldn't, but that's another post) as when you make that connection with a prospective resident, you are selling yourself as a landlord as much as you are the property as a place to live.

I'll let others chime in on their experiences, but from a motivational perspective, I think attending live events and getting the "conference high" is something that only happens through in-person connections and being in the same room with investors who are eagerly pursuing their real estate/financial goals. 

It can be done but it may take years to build up cash flow especially if you live in high cost area like CA.