If you study the economics of this industry, you'll see that it's very much like a sports team.  1% makes most of the money, then a small 2nd tier of agents do some transactions and a majority of the rest do nothing. 

Everyone's favorite answer in real estate---"it depends".That being said, you have to start somewhere to figure that out.

(not my favorite year obviously).

Based on the data I was seeing in Airbnb, I can tell that the property was well located because my views and favorites in the Airbnb were significantly higher than the other properties in the areas, especially after the number of reviews increased.

That’s my favorite one—you can’t do it because of the market.You just showed people that you can, despite all the excuses.

Quote from @Abel Curiel: My favorite AI posts are the ones with emojis in them.Didn't even know you could post those on here AI is not allowed.

Finally, your hunch is correct: when the syndication cycle closes, your past "free lunches" will have to be paid for, aka recapture.Here're some relevant posts from your favorite site:https://www.biggerpockets.com/forums/51/topics/839015-are-sy...https://www.biggerpockets.com/forums/51-tax-legal-issues-con...https://www.biggerpockets.com/blog/real-estate-professional-...  

And just like the athletes a ton of it depends on where they were raised and did they just get ushered through collage because they were great at sports..

It is by far my favorite place and I would not think to live anywhere else except for short respites to experience other life.

Because my favorite property is my D neighborhood property in the hood.