It’s just not that common even though that is one of the main things talked about. 

I understand credit enhancements and additional guarantors are sometimes required but to be unable to cover escrow funds and to give away deal ownership for that service is kind of crazy but back to the main point, the real issue is when the Co-GP is not truthful about their true role or embellishes their portfolio/ unit count. 

I'm fine with doing some minor fixes and improvements to a property: Adding overhead lighting/fans, better flooring, maybe redoing a main bathroom.

If you’re renting an apartment building to mostly Section 8 tenants, the main difference from single-family or smaller multifamily properties is scale—you’re dealing with more units, so you’ll need solid systems for maintenance and tenant management.

In fact, the model isn’t designed to bail out distressed owners—it’s meant to provide liquidity to stable, cash-flowing properties where the owner doesn’t want to take on debt or sell outright.For a successful property owner, the main advantage is flexibility.

But that also depends on your down payment- putting only around 20-25% down is hard to have a profitable STVR.Ultimately with STR v LTR, I'd be mainly curious about your intended use of the property. 

Of course, IRR matters too, but you get a better IRR when you leverage as well, so that doesn't strengthen the all cash argument.My main point, if one is to be taken, is that an all cash investor should really look at their expected ROI.

If I was looking in PG County, I think Hyattsville and College Park would be my main targets.

I currently live in San Diego, Ca. but have been looking in the midwest, mainly Iowa, Indiana and Ohio, for properties. 

Mainly because if I used that metric alone I would not have done my last 10 successful flips.