Austin area seems like a cool techie area with good rental demand.  

I'm never in favor of government over stepping, but I can also see how desperate individuals can be taken advantage of during this tragedy. 

You purchased in 2020 so you're experienced in high-demand, competitive markets.

Lenders desperately need/want business especially in this interest rate environment (right now, the main source of mortgage loan business in Florida is rehab financing as a result of the hurricane damages) and one way the big players differentiate themselves is by streamlining the process.

Read carefully any PPM for any of these syndications and identify how many times the SEC demands the following disclosures: 1) you can lose all your money 2) there are uncontrolled risks 3) there are no guarantees 4) the numbers are all hypothetical 5) the syndicator will use leverage 6) the market usually fluctuates 7) the SEC does NOT have a copy of the PPM 8) the SEC neither read nor approved the PPM 9) the SEC does not vet the syndicator 10) the offering is not registered with the SEC 11) there are conflict of interests 12) the SEC encourages you to seek professional advice Etc etc The game of real estate is based usually on investing in your own back yard and getting some reasonable leverage and if things go against you, then decide if they are issues related to the market cycles and you can hold on till the market shifts and recovers or you should just dump the project at a loss and pay off your loan.

It depends.On the property, the location, purchase price, demand in the location etc.Yes you can make it work but you must do your do diligence and run the numbers.

Unless you are doing a 1031 exchange or desperately need the cash I would hold.

I work 11-12 hour shifts, five days a week, in a demanding role, leaving me with little free time.

Like these illegal immigrants, those will deflate multifamily and single family demand.

At this time in the cycle there is just more demand than supply.