I don't think they assume that real estate never fails.I think what investors should recognize is that investing in a syndicate is just as risky as investing in a single stock.

If they want to micro-manage their investments and be involved in every decision or know every detail, I'm not the right guy for them.If your owners demand to know all the details, it demonstrates a lack of trust which means they are micro-managers or you haven't proven yourself yet.

Because I also own and buy actively, I also have the proven vendors that further save my clients money from insurance, landscaping, pest control, pool care, and handymen/hvac/plumbing/electrical.With that said, I’ll send you those properties today per our phone consultation @James Thompson and we’ll be sure you get your 1031 funds allocated smoothly and into great STRs 👍

Most finance companies do not recognize the transfer as a sale.  

It’s better to recognize that they all provide non-conventional loans.

Are there any particular management practices or tools that have proven effective for rent-by-the-room setups?

I would like to possibly purchase a multiplex 2-4 units that is a proven winner when comparing costs to return. would this be ideal?

YOu as the buyer showing proof of your ability to pay (through actual bank statements with cash and/or closed sale transaction proof showing you are a proven all cash buyer that closes will instill confidence in the wholesaler and allow them to perhaps make less on the deal but can do more deals knowing they have a quality buyer in hand is a win win.

I recognize there are people on this forum Who have successfully accomplished this scale on these cheap rental Units.

  (2) This  investor owns SFH's in a market that possesses the fundamentals but sells prematurely and fails to take advantage of the primary appreciation event. (3) This investor fails to recognize the equity generated through the primary appreciation event is better served being reinvested in more efficient asset classes that will generate a greater return profile after the primary appreciation event occurs.