Hi everyone!AIM: I am looking to start a syndicate. NEED HELP: I am looking for assistance in lawyers and other experienced syndicate mangers to seek advice and some guidance. Purpose of the fund: To purchase old land...

Check out the STR forum where you'll find some great information and will see questions and answers from those who have successfully scaled STR businesses. 

Most businesses, property management or not, fail due to the lack of sales, not due to the lack of systems and phone etiquette.

They have been managing fine, although not too busy, I guess because of the market.

How do you approach educating people on the realities of the business? 

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

I made a few thousand less than expected but I figure that's just the cost of doing business sometimes.Based on my experience I wouldn't let the remote possibility that a homeowner might go into greed mode dissuade you from doing these deals.

My significant other and I decided to use a builder she had done business with in the past.   

It makes lead management way more efficient since they get to focus on people who actually want to do business. 

I don’t see anything wrong with endorsing a business that is great at what it does.