Clearly if it isn't profitable it wouldn't be a good decision.

Simplify the structure as much as possible, have clear roles and responsibilities that are not overlapping (meaning only one person is allowed to make certain decisions) and a clearly defined exit plan.

as an example, you'd have to do something different than this:https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1137397-balti...https://www.biggerpockets.com/forums/48/topics/1137397-balti...i am trying to do the same thing locally, in person, and it's difficult. 

@Dominic Mazzarella Those are good points to keep in mind, and factors any investor should look at when making the decision to invest. 

In this case, they get equity but do not make decisions. 

With that being said, in order to make the right decision the answer is in the math of the blended rate.

https://www.biggerpockets.com/forums/51/topics/1113749-cost-segregation-faq

Of course, if one wants to know which is which, just ask the syndicator if they were the day-to-day sole decision making operator who interacted directly with the PM, lender etc.

If you can get a single family home and have roommates, that's the most approachable strategy and will really allow you to know rather quickly if you hate managing rentals or not.Here's my experience starting at 22, and what I regretted from house hacking: https://www.biggerpockets.com/forums/922/topics/1133476-hous... 

It’s a great reminder to trust your own due diligence and not let others make critical decisions for you, like hiring a property manager.For future investments, building a trusted team and maintaining direct oversight is key, even with remote deals.