First, the syndicator who’s not long term - just really into what’s “hot” at the moment, figures he’s no longer going to make any more money, so loses interest.  

The PM is definitely throwing us under the bus at the moment while I try to explain the situation.

And by “everyone,” I mean all the people listening to these podcasts and gurus who are spouting unfounded nonsense that makes no sense.The moment you realize that you cannot target motivated sellers (because no one knows when someone becomes motivated), you’ll understand that the only way to find them is to let them find you.Know where they’ll be looking when they become motivated—and be there.

I have been at auctions where people in the audience claim the owner is right that moment paying the taxes.

We see more and experience more in 1yr than any transactional agent in our market ever does in their career.We can answer those question from in-the-moment 1st hand experience, what is happening now, what happened before, and where it's all leading.

I'm not going to do anything at this moment, but if I do not hear anything, I was simply just wondering what the options were or if anyone has had this situation before.  

@Peter MacKercher hi Peter I actually have your number and m going to shoot you a txt in a moment :)

I know I could partner up with a local, but at the moment I am not interested on that route.

There is unfortunately a lot of issues going on in the DSCR Secondary Markets with regards to PadSplits right now - Wall Street is insistent on considering them SRO/Boarding Houses and are pulling back making financing these (if theres any sort of alteration at all) very challenging at the moment Thank you for that information!

Those people overlooking what it means to “materially participate”Here’s the Material Participation Criteria:Spend more than 500 hours on the short-term rental businessDo substantially everything for the STR businessSpend more than 100 hours on the activity and no one other individual spends more time than you doSignificant participation activity for more than 100 hours, and your combined activity in all significant participation activities exceeds 500 hoursParticipating in the business for five of the 10 previous taxable yearsPersonal service activity (non income-producing) for three of the previous taxable yearsRegular, continuous, provable participation in the business for more than 100 hoursA Cautionary Tale: The Story of JacksonLet's take a moment to learn from the mistakes of others.