I have a decade of self management - all successful with some slight annoyances.Anyone have any strong reactions to this?

.🔹 Co-Living is Gaining Legal Ground:Colorado eliminated all restrictions on the number of unrelated adults living together statewide as of July 1, 2024, marking a major victory for co-living advocates.This week, Jacksonville Municipal Court ruled in favor of PadSplit, voiding citations for “illegal boarding houses” on constitutional and fair housing grounds.Cities like all over like Washington D.C. are considering zoning reforms to allow more co-living developments as an answer to the housing crisis.As Airbnb restrictions tighten, co-living is emerging as a scalable and legally sound alternative that balances affordability, tenant stability, and community needs.

The returns that investors require is generally based on their perceived risk of the project and the investment period.With my CFO clients who do real estate development, most LPs in the small-scale residential space (SFR & 2-4 MF) are investing for 3-5 years and are looking for a preferred return of 8% with an IRR of 16%-18% for turn-key and 18%-24% for value add.

The ability to effectively self manage would depend on the scale you are trying to buy. 

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $3,636,000

Cash invested: $700,000

This is a brand new 40 home build to rent manufactured housing comm...

I am considering investing into this syndication, they are a housing development syndication fund. https://broadstreetglobalfund....Anyone have any experience working with them?

If the land is in a suitable location, this could open up opportunities for developing 2 homes or even selling off one of the lots, which could lead to a good profit.

Has anyone transitioned from a construction manager role with a large company to developing real estate on their own.What has that experience been like?

These are leased to businesses (like chain stores) that cover taxes, insurance, and maintenance, making them much more hands-off than residential rentals.Real Estate Syndications / REITs – You can invest passively in commercial real estate (apartment complexes, self-storage, industrial, etc.) through syndications or real estate investment trusts (REITs) without being a landlord.Hard Money Lending / Private Lending – With $500K in equity, you could act as a private lender, funding real estate investors who flip homes or develop properties.

My first STR, and plan on splitting between self use and renting to help offset costs.