I understand all our models account for the various expenses ,capex, vacancies, etc. but they usually run in perpetuity to put away a certain amount every month.

Syndicating for most is slow flipping.If we can delay gratification for a while, we will be able to perpetually play with house money and deploy different strategies than buy and hold for gravy & spice. 

This is a myth perpetuated by the large brokerages because it serves their interests.

They'll get you an application, and contract you need to fill out with your tennant.Everything I've heard about mine is she has a stable job, 2 kids, and when I walked through the place looked and smelled great.Don't stereo type to quickly. 

I met another STR the other day who has what would be considered a low-end home around downtown, yet he is perpetually booked just based on the demand to be close.

It's really ashame to stereotype people.

In any case, the battle lines aren't the stereotypical right/left rep/dem binary, and it's far from a done thing.

Please don't perpetuate this erroneous definition.To be a good operator, you provide a safe, clean, sanitary, well-maintained property at affordable rents, AND you screen and only retain tenants who abide by your rules and treat the property and neighbors respectfully.

:40-60% gross revenue (after cleaning fees) for either 2 years or until the investment is recouped then 5-15% cut in perpetuity. 

also, do private lending and other passive investing while you grow your capital.also, with $$$ like that you are perpetuating the myth that everyone in the silicon valley/SF bay area makes BANK and saves $25K every 3 months.