To your point, yes the larger check writers want more of the upside, control and will also do a more thorough look at the sponsor to understand where the GP equity is coming from, who is guaranteeing the debt etc. etc. 

I would recommend focusing on markets/sub markets that will provide a more consistent return so take your time and be careful in the areas you're investing in.Personally I prefer the middle/southern part of the country because the price points are much lower and the laws are landlord friendly.

It is 100% possible to operate business in a moral manner.

However, this model can be beneficial for folks wanting real estate exposure in a more passive manner.Thoughts?

or is there a more proper approach you would recommend?

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

It seems to be a more than reasonable average with potential for 20%+ on some deals from what I read, but I would love to hear from experience.

For a more comprehensive look at the Las Vegas investment market, please DM me for a link to our blog.

In my experience, there are Facebook groups out there that you can join in and network with to get a more affordable form of mentorship.

Knowing your next steps can help you make a more informed decision.- Keep an eye on the local market trends.