When successful it is quite rewarding and can lead to favorable basis and financing opportunities but there are certainly risks and its important to have plenty of reserves and be realistic with time frames.

There are a lot of groups out there right now that had made-for-TV track records that will likely not be in business in a couple years.Focus on the experience of the team, how long they have been in the business, how many market cycles they’ve survived, their philosophy on leverage, and how many properties they bought in 2022/2023 (a good answer would be few, a great answer would be none).And do yourself a favor and read The Hands-Off Investor (in the BP bookstore) before you invest a single dollar in a syndication.

It has favorable landlord laws!

If your goal is to acquire many units, consider looking into more affordable markets such as Akron, Cleveland, Dayton, and Toledo, which tend to be more favorable for this type of investment.

STR means higher liability and risk for the property owner since it is often associated with higher insurance costs, more transient tenants that are not always viewed favorably by neighbors, as well other issues and risk.

This can provide additional capital for future investments and get the next one.Or evaluating other loan options:Depending on your long-term plans, you could explore conventional loans or portfolio loans that might offer more favorable rates or terms with the new appraisal value factored in.Your decision depends on your broader strategy.

Syndication certainly favors the syndicator, with all the risk on the passive investor.

A bend don't break approach that is still favored across a variety of materials used including steel reenforced masonry.

Not sure if you were looking for a long-term hold on a two family, but it seems that was not playing out favorably for you. 

Some areas may favor the ADU over the addition.