Just like any business, you get out what you put in. I

The day you send money you lose control of your principal, receive title to nothing, you're at the whim of the promoter as to whether and how long you will receive any distributions and even when the deal you invested in is supposedly "successful" you're at the whim of waiting for the GP to decide to sell and return your capital plus profits.

The state I’m looking to invest in is Tennessee and I may move out of the country at the end of the year.

OC is a great place to be in. I

Only question is, which you choose to see and engage in. I

@Thuy Pham-Satrappe The type of people you see in the target areas that you are searching in is typically the type of people you attract for your properties in said target area.

I doubt any tenant is going to be willing to sign a lease without knowing what furniture is going to be in the unit when they move in. I

Your deal was the best one I ever invested in. I

investing driving distance is usually just a false sense of comfort. there's really not much of a difference between buying 2h away and 1000 miles away, especially if you're not a property manager or contractor by trade. investing somewhere that's truly a great market to invest in, is more important than convenience.- regarding LTR MTR STR, owning each type of rental comes with a different workload/lifestyle.

@Ariella Jacques yes, the rate will be higher and you won't be able to get as much money out of the property as you put in.  I