But as an out of state investor, I couldn't do AirBNB if it requires me to hand out key codes and to constantly gauge pricing and updating the web site etc. 

Surprisingly there's nothing easily found on the web.

They have produced a "written opinion," we (group of investors) have requested and been sent the LLC's tax returns, we have been pains in the petunias, the syndicators CPAs held a Zoom call that would have been more hilarious than a Sat Nite Live skit, except they accidentally "lost" the recording.What I need to know is whether the IRS requires small (<$2.5M investor money) syndications that are generally straightforward (1 syndicator with sweat equity *ownership* shares and the remainder of investors with purchased shares) to calculate ownership via K-1 tax capital accounts, Line L, not Line J, when the OA is silent, but can be amended to say ownership is by contributed capital, the latter representing the substantial economic effect and true economic relationship among the partners. 

So YOUR investment of $200,000 is now worth $1 million after 15 years, AND you own an income producing property that is completely paid for!  

Prior to the recent rate hikes 0.75% ration produced positive cash flow for virtually every property with conservative underwriting. 

Depending on the property and the deal, an experienced investor may want more than a 30% spread (and in some deals, they may be willing to take less than a 30% spread--for instance, if the property will produce incredible cashflow after rehab, they may accept a lower spread). 

Both can produce the same revenue (or not).In my market (Emerald Coast, FL), fewer bedrooms will rent more frequently.

Anything Newsom related seems like a badly produced reality show in CA...... 

I’ve thought about Property and Casualty or solar or just prospecting more for my company and trying to produce leads. 

A HH can produce great financial returns.