All things being equal on the asset side, the operation and systems put in place will make or break the performance of the investment but at this point that has almost nothing to do with real estate. 

If it were to read LP member owns XYZ% and will receive a certain percentage of proceeds based on property performance, that's a different story.

Strong rental performance & return Lessons learned?

under performing rent? 

I can only speak to the Texas market, where malls that focus on creating consumer experiences (coffee shops, kids play area, entertainment-based tenants) are still performing well even in this age of online shopping.  

It is also likely that property insurance nation wide will increase substantially.Hopefully investors are performing conservative underwriting.  

I posted a bit about my experience here: https://www.biggerpockets.com/forums/88/topics/406311-jacksonville-fl---sfh-new-constructionhttps://www.biggerpockets.com/forums/92/topics/501414-data-points-multi-year-turnkey-performance-your-experienceMy property is cash flowing well. 

It reminds me of the Charles Schwab study - their best performing retail investment accounts were from dead people that never closed out the account.

RTR advertises high returns as part of their marketing strategy, but the reality is that many of their properties do not perform as well as advertised.

Permits and LLCs for Contractors:Your associates/relatives don’t necessarily need to create an LLC to perform renovations.