Quote from @Jessie Dillon: just my 2 cents.. i'm not a fan of the syndication model. there are better ways to invest more passively where you have more of a say in what goes on, can achieve higher returns, and can have your personal interests at a higher priority. 

You'll learn a lot here.I recommend focusing on 1 strategy/business model and going all in on that one until you've mastered it and it's stable.

I like the Adventures in CRE as a good resource for model building and underwriting.  

You can read about the differences here: Cost Segregation Study Approaches ExplainedLet’s first start with what the approaches:Detailed Engineering Approach from Actual Cost RecordsDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling Approach"Rule of Thumb" ApproachSo which of these approaches is required by the IRS?

Ya, like Ben Vorspan mentioned, AvantStay has moved away from their "master lease" arbitrage model.

@Jordyn Ohs Suggest you run a financial model and assume 100% vacancy.

I imagine this is a similar model to Redfin's associate agent program that pays by hour/tour.

•Our company has proprietary AI models designed to accurately assess listing quality through images, which would power this feature.2.Smart Weighting:•Automatically weigh comps based on their reliability.

Not if you buy the worst lot with the slowest selling model.

With my own portfolio I generally underwrite with 10% for repairs, 10% for cap ex, 5 percent for vacancy.