I currently own a successful short-term rental in Fort Lauderdale and have identified a new property nearby that I’m confident will perform well.

Every bank at that time had way too many non-performing assets on its books.

If you control how they perform tasks, set their hours, or provide tools, they should likely be a W-2 employee, requiring you to withhold taxes and comply with payroll regulations.

There is no housing market in US where real estate can out perform stocks.

@Philip AndersonMultifamily properties in Ventura can perform well due to the area's high rent demand, but inventory can be tight.

So now you are throwing good money after bad probably without a guarantee of any actual performance of the company until much later down the line.  

its genius really.. most bird dogs work for locals on a performance basis and don't have to pay the investor to bring them deals.. 

Depending how much of the neighborhood is a hot zone for renting rather buying, and which Property type is performing better than the other (meaning 1bd 1ba 2 floor renting out faster and much more consistently than a 2bd 1ba 1 floor), you can make your choice of those factors as well as other ones that impact your decision for what you wanna do with your investment.

How do other regular condos perform versus them? 

In the case of GEG, we let our members know we did not have a track record with them - they were new to us and just being tested - and therefore it was even more important to perform thorough due diligence since we can't be involved in the transaction.