If you do hire a 3rd party property manager, make sure to check accreditations (IREM ARM/CPM) and get references.

Or they could do a more select private offering, to accredited investors only, with say a minimum investment of $50,000 to $100,000, etc.

I am a non-accredited investor.

Most leads (syndicators) invest at least $100,000 to assure the other investors that they have skin in the game.Keep in mind, accredited investors are sophisticated and they want to see details of why it's a safe and profitable project for them to participate in.

@Pra CheWith that level of available capital to invest, you might have accredited investor status.

The case wasn't new its been going on three years, it was never Monstrous,  it was over two five-thousand dollar investments,  the class action involved one non-accredited investor. 

@Isabella Mendes I would guess you are not an accredited investor.

The paperwork to create a syndication runs $10,000 to $15,000 before you start soliciting accredited investors.Or, you can be a "passive" which means you invest $50,000 or more into a syndication to join in the fun.You may want to listen to Ken McElroy who started from nothing and now has tens of thousands of units with Kiyosaki.

If you are accredited why not invest in syndication that offers high cash flow, as an example we have an option that offers 10% annually distributed monthly with tax benefits of owning real estate?

LP opportunities available for accredited investors available.