While some strategies may work here, those strategies might not suit you.I don't personally do MTR, STR, co-living, or other nuanced strategies.

If you do decide to do mailer(s), then I would advise you to personalize the card and do a handwritten note. 

Another benefit is it is much easier to diversify into multiple markets, asset classes and operators.Just wanted to share an alternative - often active investing is the way to go, but it really depends on the person and it is important to know that there are passive ways to accomplish your financial goals.Good luck!

@Reyna AyalaI personally feel this is overkill.

I personally am not investing at the moment. 

I spent many years managing myself and personally collecting rent checks. 

If you give someone over 19% membership interest in the deal, the bank will usually require a personal guarantee from that individual. 

You’re going to be personally sued no matter the cause of the loss.

I’m not convinced it makes a real difference unless a person has a unique setting.

Quote from @Zach Howard: I think it's probably better to hold real estate in an LLC than in my personal name.