Howdy Irina,I would personally be cautious linking my primary residence to an investment AND participating in (what I assume would be your first) syndication deal.

Hi all, new here at the forum and thank you all for all the knowledge you guys share…its amazing.I am interested in this question as well as we just got back into this from like 10 years ago, few things have changed for us, and the main one is finding deals with whole sellers, sometimes the price looks good, but once we add numbers we are currently seeing that everyone else in the deal makes tons of more money than us….for instance, we have checked properties now, where we pay closing cost, interest on a portion of the borrowed money, commissions after selling the property, etc and we see 30-40k going out on all of this,  then we barely make a 20k profit or less on a property of 200k …many of the deal we found we barely get close to a 10-15% of the initial purchased price, which to me sounds like a lot of hassle and my wife says that i am getting old and too picky :)i keep saying that ideally we should shoot for 15-25% profit from the purchase price…if i get a property at 200k and the rehab is 50 and everyone else makes 30k then we should at least net out 30k as well.

Everyone gets a piece of each quadrant that they participate in. 

After 5 years cash flow, even in Vegas barely brought in $600-$800/mo per property.

In my market - Suburban PA - everything is already so built up, and barely any raw land.

A lot of the bare ground has been getting used for google, Amazon, weekend stay hotels, bass pro, casinos.  

If you would like to participate in a deal where you will have a community of fellow investors to share the journey with and help keep you safe, DM me.Best,Austin.

I started using "Atto" a few days ago for 2023 material participation logging and I like that it has a big red/green start/stop button.

Ensuring that you have, and continuously maintain, a safe property for guests, is barely even an afterthought for most STR investors.

For example, I was looking in Cape Coral and there were nice modern homes with swimming pools doing barely $30k, whereas a pool in many other markets is a major advantage.