Are these buy and holds?  

What formula or criteria do you use to decide whether to flip or to hold?

The point is you have to have a policy that holds true across all tenants and all situations. 

Reserve enough cash to cover 12 months of holding costs, rehab overruns, and unexpected delays. 

Ok so I'm now leaning more towards buy and hold multifamily but I'm unsure about syndications.

We currently target deals that fall through and then make a no-contingency cash offer to hold their original closing date.

Personally off the cuff, probably invest in local new construction and BRR (build, rent, refinance) those to hold long term. 

It's good to hear that you want to play the long-term hold game as that is how you'll ultimately build equity.  

Investment Info:Single-family residence buy & hold investment in Lake Worth.

So, make sure you are always looking to acquire properties, but I wouldn't hold that goal over your head because you might make bad decision to get your number when the deals just aren't there.