Completed the information multiple times and then they asked me to send copies of Accounting reports despite having access.

Is it as challenging as it is reported to be or is that just a perception issue?

Be aware of tax implications: rental income is taxed in the property’s state and reported on your California return, with deductions for travel, depreciation, and expenses.

Use STR-specific insurance to protect both parties and automate operations with platforms like Airbnb, TurnoverBnB, and PriceLabs.Taxable income from the STR must be reported, but you can deduct related expenses like cleaning, utilities, and furnishings.

Also, one of the most often overlooked components of a syndication is the reporting.

Regular maintenance updates from your property manager—such as quarterly reports outlining requests, costs, and resolutions—can also help you stay informed and track spending trends over time.Building relationships with local contractors or networking with other investors in Cleveland can also be valuable.

Many will also require a third party due diligence report from a company like Mick Law or factright (which they run around $30-$50k). 

The debt may not report to your personal credit (unless you are late on or miss payments, then all bets are off)2.

Always use a title report and escrow though.It's over paying on a creative finance transaction that tends to happen. 

I saw a report in Forbes about how BTR developments are shaping suburban rental markets.