You Get Team ExperienceIf you’re taking part in a deal, that means other people are, too—whether it’s partners, syndicators, or investors.🏗️ Being part of a real estate team is one of the most valuable skills you can develop.

I’m also not keen on out-of-state investing or syndications due to the lack of control. 

Now they wont give us our money back even though they are the ones who changed their metrics on lending after approving us.

Many syndicators got into syndications in 2018 2019 and their deals look great but that is primarily due to cap rates going from 7% to 4% and interest rates going from 6% to 3%.

Reverse engineer the list of most recently acquired hospitality business built or bought within the 30-40mile radius, You’d be puzzled at how much capital they have to play with.Crowdfunding or Real Estate Syndication: Platforms dedicated to real estate investment might have investors interested in backing a boutique hotel project.

And I agree, an investor that does zero diligence, doesn't value capital, and wants to find a structure that's RE related but not REITs, the debt behind it, syndications, etc.

Something more passive via a syndication could work for them, and otherwise they'd probably prefer something simple like a long term single family rental. 

Make sure the lender you choose has a strong background in this type of lending...check them out on Linked In to see their experience level.

I have been consuming as much education/reading regarding out of state investing as I can as well as literature regarding buying larger buildings (not quite the syndication level) although I have been reading that material as well to digest.

I've been in the lending Industry for 20 years, and I feel many people on BiggerPockets give misleading information a lot of times.