Highly suggest coming out to some of the local chicago IN-PERSON meetups! 

Real estate has been a passion of mine for years, even while working in the high-tech industry.Together with my partners, we’re constantly on the lookout for our next exciting real estate adventure.

The programs that claim high success, over and over again, are the ones that appear on these forums a few years later with students making claims about misrepresentation by the programs. 

You take your share of distributions if/when there is money to share.And then I go back to the person with money.

For example, maybe you will get to 10, 20, 30 houses and then find an owner who has a large portfolio and all of a sudden you are at a high door count and now need to hire, need to build your policy binder, and all the other stuff that comes with running a business.

First, who collects the rents and distributes payments?

And don’t underestimate the power of direct outreach; some sellers may be more flexible if you present a clear, structured plan for partnership or financing.

20% is not high for managing a STR.

One of the reasons I joined BP this month is to participate in a weekly connect just like this, as I know how powerful they can be. 

Many investors in syndications ask such basic questions: what's your track record, when do distributions start, and how frequently do you pay distributions.