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.

If you are planning on investing $80k that is a great start for a down payment and is enough to get very favorable rates on a loan.  

This Meadowbrook Dr SE property presented an excellent opportunity due to its favorable location and untapped potential.

I don't have the stomach for 81 pages of landlord/tenant law that favors only the tenant. 

In your case looking to larger assets where you can effeciently cost segregate to gather bonus depreciation would be a smart move.Appreciation - Where in the country is the asset class you like growing or going to be growingAmortization of the loan - What sector or even region if you look locally for funding, is going to offer the most favorable lending so that less goes to interest expense and more to pay down of principle.Have fun with a spread sheet comparing these 4 returns from your investment with the type and location of assets you find attractive. 

Prior to going pending the power is about 90/10 in favor of the seller after it’s us.

It has favorable landlord laws!

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

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.

Quote from @James Kerson: @JD Martin There are legal and practical factors militating in favor of keeping guided tours, no question.