Please remember you may not make alterations to the unit, including carpeting, which are not approved by us in advance.

You'd need about 250-300k for a down payment for a starter duplex which may work better for you since you can utilize one side as a long term rental and the second side as an STR which you can use as you please but remember if you do a 1031 exchange you'd be limited on how much you can actually use that property to still be considered an investment and not a second home.

I remember when I completed my first ground-up new construction here in Chicago - FELT AMAZING to finish.Our biggest lessons learned were around getting the water service done early on because of our harsh winters and making sure we keep our designer in check! 

Remember, games aren't won from the sidelines...ya gotta play to win! 

Remember your closing cost deductions and resale costs.  2. 

You or anyone else can take title to any remaining percentage.You also need to remember that you must use all of your proceeds in the purchase.

Quote from @Varun Hegde: He went on a podcast less than a month ago, so Lane Kawaoka is definitely still marketing himself as an expert.I actually remember reading about him a couple months ago and feeling jealous, but the only way I could've built similar scale is running 90% LTV on multiple deals... sounds like that's what they did.It doesn't surprise me that many of these syndications are blowing up left and right. 

Remember that the on-site company also has an onsite maintenance and housekeeping staff.

Just remember: most negative reviews are written by problematic tenants.

One thing to keep in the front of the pages, is to remember that the equity will have an APR, depending on the property you are aiming.