Despite this, there’s still a ton of appetite for participation.

So, we may never be able to weed them all out from any of the industries where humans participate.

He never gave any tithe ,participated in communion , never kept the sabbath day ,never got baptized , never joined a church , never prayed to Mary ,never went up to an altar or repeated a special sinners prayer .. he simply trusted that Jesus is truly the son of God and repented.

.- I don't care if the investment is less liquid vs. an ETF or REIT and I would aim to hold it for 5+ years at the bare minimum.Some other questions I had and would appreciate any advice:- Is an average minimum of 12-15% irr reasonable for syndicated deals ($10mm - $100mm) with an experienced sponsor?

These strategies can also apply to foreign STRs if you meet material participation and substantial services criteria.

In this case, since the capital stack includes 70% debt, it's likely that some portion of the income generated by the preferred equity investment could be attributable to UDFI, potentially triggering UBIT.However, the preferred equity in your scenario may be treated differently from common equity, especially since there is no upside participation beyond the fixed return.

The next phase of my maturation cycle is gaining "on the job experience" in the form of GP participation before attempting to take down a deal by myself. 

Hey Marc, When tracking your real estate activities for STR management, particularly to prove material participation, it’s important to clearly document each task you perform.

I'm aiming to get a bare minimum $225,000 for it to make it worthwhile to sell, otherwise I'd most likely refinance and rent it out for now.Thanks in advance for any advice!

Not sure if anyone is aware of this, but Marco's partner and CFO, Ronald Fossum, was charged with fraud by the SEC fairly recently and barred from participating in any type of similar activity.