I know in the RE sales world when I started I would do 1000 door hangers and get maybe 5 to 10 responses and that boiled down to one sale.. cant really comment on the mortgage side since we were not brokers we were the actual money and my business came to me referrals from other folks in the business. 

Your response to this concern would be much appreciated,  Have a pleasant day.

Of course there's the surprise that this is a people-focused, quick response, hospitality business that needs a certain level of business acumen. 

This is especially true for private money loans, where lenders may want a clear picture of your assets, liabilities, and cash flow.Your credit report and tax returns are crucial, but a well-organized financial statement can strengthen your loan application, showing lenders that you have a clear handle on your financial situation.

Rewey Thank you very much for the response and also the additional info because I know it will definitely be helpful on my learning journey.

However, this comes with more responsibilities, so it’s great that you’re open to being hands-on.Given your interest in making this investment potentially your full-time job, I’d recommend starting with a clear plan.

One option is to make them responsible for rent until you get a new tenant moved in (and find one ASAP). 

There have been quite a number of red flags and warnings in this thread and many of your responses tend to be, "but what about this and this is why that is" leading me to believe you have already made up your mind that moving forward is a good idea so I wont try and change your mind but again, warn you that some things in this syndication are outside the norm and the promised rates of return (STR's in the package included) are abnormally high leading me to believe that the investors will have a much higher chance of disappointment than satisfaction.

Thanks Diyan for the response. 

However this last tenant left our unit in a very damaged and extremely filthy state that took considerable work to remedy (which was a surprise because they had been pretty responsible until this event).