I've heard many horror stories from limited partners about the general manager they partnered with to do a deal and I noticed some commonalities in each story: - Not following through with business plans- Lack of communication - Lack of accountability I know LPs look for experience above all, but are there any other criteria that you look for in a GM that helps when getting into a syndication deal them? 

You qualify for 100% financing and the closing costs can be covered by getting "Seller credits" which is fairly common in this market.

Rents typically follow the "Common rents" of the neighborhood which your agent should know or have access to in most cases.

That's a common 1031 scenario. 

A C-10 Electrical contractor can explain how to split the units, you may have to sub meter yourself.splitting a single unit in 2 is generally more complicated than building a common wall. 

The STR doesn't provide access to rest of house as common area so they have their privacy mostly.I'm sure you can creative with extra rooms, a garage turned living space, ADU, a furnished basement, etc.Good luck!

It is a common mistake.

@Eric George very common question here on BP!

I notice this as a common mistake I see a lot of new investors/flippers make.

Some buyers (think Cary NC in the 1990s) are looking for attributes not related to economic value, like: common areas, access to public transportation, proximity to parks, etc.