I do fix and flips and take the money to invest as a General Partner on a syndication team.

A $300,000 hard money loan will cost you about $100/day to carry. 

If so, they can sell within 2 years and not pay capital gains taxes on the sell of the home.They could take that money and buy multiple rental homes in other areas if they wanted, or use the money to downsize in to a different home while still having money left over.

And you can bail pretty much at any time without losing any/much money. 

It's an easy way to make more money on the tenants who are already staying at the property, but you'll target families and higher end clients who really need a golf cart, giving you higher yields and potentially better clients.

: Patience💡 What upgrades are actually worth the money right now?

With all the resources available today to research and learn about the industry, I’m surprised this “easy money” mindset persists.To me, real estate is far from passive or simple.

You don't need a 3,000 square foot cabin to make money. 

If they are paying little to no money at closing, what skin in the game do they have?

If you roll the proceeds into a new rental (or multiple properties), you avoid the immediate tax hit and keep more money working for you.