Whether or not the asset appreciates in 25 years I still have a paid off building.The risk is if the asset declines in value AND you have to sell it for some reason.

As someone who is in both the markets and real estate (I do real estate and my wife the markets) its all about balancing the portfolio and the risk. I

A finished product in A to B areas for distressed pricing is almost non-existent these days so you have to create the value you want in a different way.Rather than owning junk properties people might want to take that cash and place with a sponsor on higher end deals with equity gains on the back end that in 2 to 3 years time might double their money and have some cash flow before the sale.Owning a small slice of something high quality is better than owning 100% of a risky junk property and area because someone can't buy 100% of a property in a quality area because of price.  

The risk is too great.Overall, I recommend revising your lease to include less arbitrary language to set clearer expectations and make it more enforceable in court.Feel free to reach out directly with any questions. 

Add long distance to the equation and it just seems even more risky. 

You'd be surprised how often a deal can happen using this strategy but it is also important to run the numbers and make sure your COC return, etc are in line with your expectations.Probably the lowest risk is partnering because a seasoned investor will verify the deal (hence their participation) and likely take care of the initial money required.

And that's not enough and the risk is too high at that margin for starter homes.

That move felt risky at first, but the guy ended up calling me three months later, thrilled that those subtle changes in leverage gave him a disctreet edge.

From a property appreciation / ROI-on-sale point of view, its unclear how attractive such a property would be for a future buyer.Would really appreciate your thoughts on this Invest 5S proposition or similar build-to-rent units.

Quote from @Travis Timmons: It's really tough and risky if you are just starting out.