Also ask who the natural buyer is if you choose to sell the property they sell to you.

Would you then say AIO is better than the regular 1st position HELOC?

If so, we finance SPEC builds on a regular basis, both single unit and multiple/subdivisions. 

The best benefit of syndications is the passive nature and the amount of information you can gather.

It's not any specific form, it's the regular monthly/annual report from your PM.If you're self-managing this project, then you need to give your tax guy a detailed list of your expenses.

Your Natural Hazards Disclosure should have some of this but it is tricky.I think if the equity is there and you can move the money to a better producing asset, I think I would sell.

Hi Fred,To be fully approved, you need to register the property specifically as a short-term rental in addition to the regular rental registration.

@Sean Minihan I always recommend you find a REI group near you that meets regularly.

My family does regular checks and some of the neighbors send me pictures. 

If that's the case, it may be simpler to just talk with the syndication sponsors to see if they'd make an exception for you.In general, mixing money across your natural financial boundaries has some risk, so creating partnerships like the one you describe should not be done without due consideration.