I’m not surprised you’ve gotten so many responses about the effort required to “find/create” cash flowing deals in this market, but I am surprised how many mentioned STR.That’s a big learning point for me on your post, and requires fundamentally different skills and teams for future deals than past deals if the answer truly is “pivot from LTR to STR” until the market changes.

I know it’s hard to accept, but this is the way of life.This is fundamentally the position I planned to take as I read through responses.

Sounds like good fundamentals shared about the region, but you’ll have to verify the supply/demand forecast.

I believe networking will always be a fundamental part of any business someone decides to undertake with real estate being no exception.

They are both great at learning the fundamentals.

Don't get me wrong; there are plenty of issues/problems/quirks that old houses have that new houses don't, and an old house can obviously have hidden problems and big repair/maintenance bills too--which is why thorough due diligence is fundamental to REI...but, the point is: a brand new house is not a foolproof solution to repairs/maintenance headaches (and in some cases, a brand new house can be a much bigger gamble than an older house).This is a particularly important lesson for inexperienced investors, who tend to be the most prone to "shiny object syndrome" (the tendency to let nice aesthetics distract from real, underlying issues).

First thing you should do is make sure you understand the fundamentals of owning a business...

I know there are other complications that come into play with syndicating (due diligence, renters, renovations, etc) but similar fundamentals.  

My main focus currently is continuing to get a solid foundation and understanding of the fundamentals while networking with fellow investors in the area.I've been lurking for a few weeks so just wanted to take some time to say hello and thanks for all the excellent topics I've read through thus far.

The other outfits seem solid but I'm not  fan of the market fundamentals (Cleveland, etc.).