Firstly, it often generates higher rental income compared to long-term leases, particularly in desirable locations or during peak seasons.

The reason for my preference of the OH market is the price of homes compared to the price of rents.

I know it can feel like uncharted waters at first.

I know you are dealing with a 3 month lease rather than a 12 month lease, but for example....Say I rent my home for $2,500 per month and have to lower my rate by $100 to find a quality tenant that is a loss of $1,200 over 12 months compared to a loss of $2,500 for each month it remains empty. 

- You or the PMC can get 3 bids, but who is going to know how to accurately compare them and understand if something is missing - that will require more work+charges once the project has started (a standard tactic by many contractors!)?

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

OpportunitiesAffordability: Compared to many West Coast markets, Albuquerque properties often come at a more affordable price point, making it possible for investors to get started without a massive initial capital.Rental Demand: Due to the presence of UNM and other educational institutions, there's a consistent demand for rental properties, especially those close to campuses.Cultural Appeal: With its rich Native American and Hispanic heritage, Albuquerque offers cultural festivals, markets, and historical sites.

What is the expected return on investment, and how does it compare to syndication in terms of advantages and disadvantages? 

I think the folks that pay for these programs have the wherewithal to simply cut a check and its no big expense to them compared to what they stand to get out of it. 

Other than that, it is really a light doc loan with not many strings attached compared to a conventional mortgage.