But rule number 1 and 2 in investing is don’t lose money.

Seller financing, private money, and subject-to deals can open up opportunities that others might pass on.🔹 Maximizing Value – A distressed property isn’t just about fixing what’s broken; it’s about repositioning it for the best possible return.

.: I think you made a mistake.Yes, you get extra money.

The faster you pick it up, the faster money will roll in.

Wouldn't it make more sense to raise money privately?

You will need money to put down on the property.  

We are considering stepping in and trying to buy the place, but looking for some guidance on STR and what kind of money this place can bring in. 

"Before borrowing money from a friend, decide which you need most".

Co-living I like a bit more because you have less money needed for furnishing a property and CO laws allow it in the major cities unlike STRs.

If I don't want the stress of RE I'm just going to buy index funds/stocks/bonds - much easier to liquidate than getting back my money in a syndication that's not doing well.