I think you're right, the lack of control is probably going to be your biggest emotional hurdle.There may be some middle ground that softens that blow up. 

Syndications start off with a lot of unspoken ifs… if we can force appreciation, if variable rates don’t go up, if no unexpected surprises as to the estimates we based our proposal on, etc.To me, the biggest flaw in the single point IRR analysis is to ignore the risk of being a passenger on the bus with a syndication in the first place.  

My biggest challenge with this deal was finding the money to complete it, but my wife and I made it work.

My biggest fear or weaknesses will be trusting lenders, trusting Real Estate Agents, and trusting contractors.

The biggest issue is that we already currently own the property and are unsure where to go from here. 

The people who are helping are genuinely nice people, but NOBODY should be clicking a random link left on an internet forum, that is just common sense.

The biggest challenge, more than handling maintenance, is managing tenant relationships and understanding the legal responsibilities.

What has been your biggest concern about navigating these regulations?

Interestingly, you can list the property in U.S. dollars and receive payments in U.S. funds, which means I don't really use COP except to cover utility costs like internet, water, and electricity.

What's your biggest real estate mistake?