They are expected to constantly monitor markets on your behalf and act quickly.

I used airdna to monitor the market before our purchase and those numbers that I went off of were a prime covid year, so the 80% occupancies that i was seeing was super inflated.

You can use an inexpensive hand held GPS to find the markers so you can tell where your little piece of heaven on earth is actually located.

@Ade BabasolaThe scenario you describe is why a lot of sponsors bring on partners as co-sponsors or co-GPs or even enter into a joint venture relationship structure with another equity group.

I don’t have the time to look for these myself, so how I monitor things is based on inquiries that I receive for properties we don’t manage but our name and reputation are attached to these listings that are quite frankly “too good to be true.”  

I can either put it in my employee retirement account which is not maxed out yet - (btw do I have to personally make sure I don't over fund this each year or is there some kind of monitoring going on?)

Others will quote you using GPS. 

Continue "monitoring" this forum for details on the next meetup..

OK, say you are the AM and one of 3 GPs on 16,000 units, it would get you there. 

Here is a list of some that comes to mind:The syndicator pays out of pocket and is paid back once the deal is doneIf the syndicator can, have the LPs agree to pay for the fees with full knowledge that the deal may NOT close and this money was spent and wastedLPs and GPs split it (perhaps 50/50, or how the agreement is written out on monies above the pref: 70/30)At the end of the day I really think it's how much influence the syndicator has over the investors.