Toss some mixture in the canister for guests to have choices!

While the property has good cash flow now, locking in your gains and reinvesting could be beneficial in the long run.

The choice depends on individual financial goals and 5-10-year goals.

I plan on doing a live in rehab, moving out of the residence after 1 year and doing a long term rental after moving out.However, my lender told me I can not purchase a residence with an FHA loan under an LLC, which I now understand.In general, is it more financially beneficial (cash on cash return) to purchase:1.

This can lead to more opportunities and partnerships.Market Understanding: As a property manager, you'll gain a deeper understanding of the local market, which can be invaluable when you start acquiring your own properties.Steady Income Stream: Property management can provide a consistent income, which can be particularly beneficial in the early stages of your real estate venture.Skill Development: You'll develop a range of skills from customer service to maintenance oversight, which are crucial for successful property ownership.Brand Recognition: Establishing a presence as a reliable property management company can boost your reputation, making it easier to attract tenants and investors when you start acquiring properties.Cons:Time Commitment: Property management can be time-consuming, especially if you're dealing with multiple properties or demanding clients.Regulatory Compliance: Staying compliant with local laws and regulations requires diligence and can be complex.Conflict Resolution: Dealing with tenant issues and conflicts is an inevitable part of property management and can sometimes be challenging.Financial Risk: There are financial risks involved, including late payments or damage to properties.Market Fluctuations: The property market can be unpredictable, affecting both rental income and property values.Overall, starting with a property management company can be a smart way to enter the real estate space, especially in an area with a clear need for such services.

Under the same scenario, a GP with a fixed percent return would probably make the choice to sell and take profits because they would see the 20/80 decision as a bad bet. 

I.e. take over the project, or is it that investors have no choice but to wait for syndicator to do something.

The thing is, is many times the equity that you will build owning 2 homes instead of 1, will be more beneficial to you.

Consult a CPA to align the choice with your retirement goals.This post does not create a CPA-Client relationship.

It's a cost-saving up front and lasts longer than many other choices.