In real estate, it’s easy to get caught up in numbers, properties, and deals.

I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:(1) multifamily units in NJ close to New York City, ~$1,000,000, 20% down payment, (2) Using the following assumptions: 4% appreciation rate, 6.5% interest rate and 5.0% refinance after 5 years, $10,000 yearly maintenance fee(3) ~$6,000 monthly rental and assume 3% increase yearly with 5% vacancy rate(4) Based on the above, the calculated IRR if selling at the 10th year is ~19% (considering tax benefits) and ~17% (without tax benefits).

. ;-) There is nothing false wiih what @Henry Clark said.Commercial real estate is broad - Office space, self-storage, Farm, Data centers, residential properties above 4 units, etcIt can be true that one part of commercial real estate is suffering while others is thriving.

AccountabilityAnother obvious and much-needed benefit of a coaching program is having someone hold you accountable.

Real estate is a learn as you go business.

And you don’t own the real property so you’re not growing your wealth there.  

“Does anyone know of a website or resource that reviews Real Estate Syndication sponsors or offerings?

Unless you have a Roth SDIRA, there are significant downsides to investing in real estate with an IRA.  

It's an amazing place to learn and grow in real estate.

As both an investor and a mortgage broker who has personally used both options, I can say there are benefits to each.It ultimately comes down to comparing the two side by side based on your specific situation.