Some of these will have buyer premiums over the top of your sales price and almost all will have limited inspections.

If we are passive I believe that we could still be limited partners in either an LLC and obviously a PPM.It sounds like you ran the project and were on the opposite side of the transaction.

@Shane Cordrey - Are you looking to primarily invest directly as an owner operator or have you also considered investing as a Passive Limited Partner in Multifamily ?

I brought my nephew with me for about 12 of my trips last year and I am much more limited this year, but I have been pretty much running the shadow management(managing the PMs as my co-assistant with another gal) on about 3 of our STRs and 2 of our LTRs so he has his hands full.

In a syndication you have low control and also limited liquidity. 

Borrower Types: The Professional - HM Lender will cut sweet-heart deals to keep these borrowers around Experienced real estate investors Regularly engage in property transactions Typically have a track record of successful projects The Newbie - Charge Higher everything as the risk is higher as no experience Novice investors or first-time borrowers Limited experience in real estate Seeking to build their investment portfolio The Deadbeat - Only lend if the deal is so SWEET, they can't lose if they take the property from the Borrower Borrowers with poor credit history or financial difficulties High-risk borrowers May struggle to secure traditional financingThe lender will do an application on the deal/borrower and some standard docs they require are:Hard Money Application / ExperiencePurchase contractARV report – COMPS – See * Redfin*Pictures of Property – most people use Dropbox to shareProof of Funds – Down / Reserves (Bank Statements)Personal identification (ID or passport)But usually if the deal is sweet enough, they will do it anyway because if the deal goes south, there is so much equity/value in the property that the HM lender can't lose.

The real estate agent angle is a good one, but it may take away from time with your kids and limit your investing biz in the end. 

Is there a legal limit on how many rental units/tenants we could have on one single family lot?

North of Austin, the county regulations say you don't have to do it IF you're only doing residential, certain lot sizes and limiting the impervious cover of each lot.

I currently have 25 accommodations on Hospitable, but it's starting to be limiting for the reasons you must have encountered.I'm currently looking into Guesty and Hostaway, and I'm having a hard time making a decision!