That is a common misconception.

What's the biggest misconception about real estate investing? 

There is a misconception contained in your post which is indicative of what a lot of new investors think.

Everyone I've met at the REIA in San Diego has been extremely helpful and I've heard the same about other cities.You're correct to assume that STRs are more hands-on BUT there's a misconception about how much time they take because most people don't build a team and system to manage them.

Unfortunately, there are misconceptions about the product.  

This is a common misconception. 2) The property replacement cost is between $100 and $125/ sq foot depending on types of materials. 3) Are you working with an Insurance broker?

A common misconception is that when you are able to market publically that investors will just pour in wanting to get in on your deals.

Tony, Great question and that is definitely a common misconception.

LLC Misconceptions and Educationshttps://www.biggerpockets.com/... transfering personal name to LLCThat all being said, yes you could structure the deal differently. 

And I personally believe that neither is 100% superior to the other and that a diversified portfolio is best to have both.In reading this thread I see you started off with a number of common misconceptions about how syndications/Crowdfunding deals work (which I unfortunately have also seen repeated over and over again on some BP threads).