Your overall experience investing in a syndication involves much more than the yield you could achieve.

Out of state investing involves too many moving parts.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

One challenge that may arise during the sale process involves third-party property management.

If you run a lending as business, your interest will convert to ordinary income and could be passive based on your involvement.

In contrast I can keep an eye on my Bay Area properties, try to do a minor repair myself, etc. 

Are you involved in the tenant placement process?

So, as Kristine pointed out, it’s crucial that people are made aware of the risks involved.

A few points on my experience:-  I list to have more eyes on the property-  I don't get many bookings on Booking.com.  

Alternatively, some purchasers want to control the process in return for more certainty.For a non-delegated correspondent loan, the loan purchaser will get involved and direct all processing decisions.