I'm not saying this is the only way or even the right way since I've never done this before, but it seemed to work out ok (so far).1.

I suspect this will all work out as its the SS space not MF

Don't decide on wholesaling now because most likely that will not work out for you.

I wanted to see if folks had feedback on how the market is doing this year… looking at AirDna (obviously historical data) , it seems like my numbers will work out.

It can really look good on paper and in my case being a couple of years down the road, it may not really work out how you envisioned when the property was first acquired especially in a lower-tier neighborhood.

But everything else should be left to adults to work out and for market forces to decide.

Now theyre seeing much less and it looks to be coming in this year around 220k to 240k depending on the final few months and bookings.That being said, those numbers still work out really well. 

I haven't done a flip in the Bay Area or out of state (attempted offers but they didn't work out OOS).

You could work out a "family trust" or another legal structure where you manage the property, get the cash flow, but maintain the rate.

@Jim PfeiferI think those of us that have made the mistake see the importance of a good sponsor, but also taking into consideration our investor goals.Passive investors NEED to learn the business of investing in real estate, and have to approach it as if they would be managing the deal themselves actively.That means there needs to be work done on the front end, like underwriting, selecting a market, understanding buy right criteria, etc.You can't just focus on a good sponsor, and pray things work out.