Hi @Guy Idan, like others in this tread said, is important that you "vet" the Syndicator (aka sponsor) - every component of the syndication is important (the property location and the local economic drivers, property class, the loan type, property management company, the sponsor, etc.) but I would say this is more as a bet on the jockey than on the horse.

We work with a number of builders that offer off market new construction investment properties with a proses that makes investors comfortable in not being in the area of investment.  

I am betting that those with the biggest regrets are those that bought at the wrong time expecting COVID level occupancy was normal and those that didn't take the time to learn what it takes to run a successful STR.

I bet since you spend a week there you probably are in this 5k  now if you give up you wasted that money.

I am new to real estate investing and was looking into taking a heloc on my primary to purchase land and do a construction loan.

If you are thinking of buying and holding, Pueblo West is your best bet.

I ran STRs and two construction projects for 9 months from Afghanistan while having a pretty heavy battle rhythm. 

@Eddie MiretskyRent To Retirement is a national turnkey marketplace that mainly focuses on build to rent, new construction investment properties.

bridge would be your best bet from a private lender 

The city has a growing population, reasonable property taxes, and offers solid cash flow opportunities—especially with new construction duplexes.These are off-market deals that are designed to attract long-term tenants, and they offer a balance of immediate cash flow and long-term appreciation potential.