One thing I always remind people is it does not matter what is on a powerpoint presentation, the deal is dictated by whats in the PPM, operating agreement and subscription agreement. 

Evaluate forming an LLC to protect both parties and outline everything in an operating agreement.

We are familiar with several operators, but we chose to work with AJ Osborne at Cedar Creek Capital. 

@Brian Burke Your more of an honest man, than a salesman.It’s great that (IMO) the most trusted Syndicator/Operator on here is saying to diversify across other assets.Brian you are in it for the long game and that is why people trust you.

Gita,At least the way I prefer to do things is to only run accrual based accounting activity on my day to day operations.

Melanie:You say I sound like an operator, but you may have missed that I'm talking about my PASSIVE investments.  

I would also urge you to make sure you fully understand how they operate , A-Z (from how they make their profit to how many doors they are managing). 

And some expensive ones for larger operations.

The biggest thing is vetting the operator as they ultimately drive the returns.

Learn about the Net Operating Income (NOI) and Capitalization Rate (Cap Rate)—these are essential to analyzing the potential profitability of a property.Return on Investment (ROI): There are different ways to calculate ROI in real estate, such as looking at your total return after a sale or assessing your rental income versus initial investment.