Their ability, character, and work ethic matter most. 

However, I believe by far the most important step is to underwrite the sponsor themself, their team and its ability to execute, and their track record.After narrowing down a few sponsors that you're reasonably confident won't lose your money, you can begin to see who will grow your money at a faster rate than the others which is where fees come in. 

Think diversified income, ability to market effectively, no risk of OTA algorithm changes that have negative impacts, etc 

You're entirely at the mercy of the condo board, which could completely restrict your ability to rent at any time.

I then ask one syndicator, she insist and told me I can and ask me find another cpa that can helpShe refer me to wealthy ability.

In most cases, if you're trying to grow your portfolio, doing a cash out refinance without getting enough cash out to be able to reinvest to majorly help you with the down payment on your next deal is probably going to slow your growth and ability to scale. 

The ability to generate money for laundry at a 2-4 unit building is totally dependent upon the tenants you have.

You need a deep bench and the ability to ask for a favor every so often.

Yes you can sell it, you will need to record the land contract with the county to show your equitable interest and make sure in the land contract it gives the ability to sell the property for more than the loan amount and the current owner will oblige to execute the documents as part of receiving the money.

Most people might not have the ability to pay 5 to 6 figures a year for that.With Costar it is about residuals. 15 years in the business I do not like contracts and residuals.