I ended up not investing for a few reasons even though the syndication sounded interesting:- They said they were oversubscribed but would still accept some additional funds.

I appreciate the insight.

In a partnership, you'd still have liability protection, and you wouldn't have the additional tax complexities that come with operating as a separate business entity.

But Flood insurance is required as primary ($2000 / yr)By the time I fix and sell the home (8-12 months estimated) and incur additional costs + holding vacant, and selling expense (SQUATTER RISK, <100 miles to MEX border), and then go back and recapture depreciation + Capital Gains... my TAKE HOME will be far less than the appraised market value. ~50% haircut.So... since all goes to charity in 15 - 20 yrs anyway... why not donate now and play those cards?

I buy empty lots but only if the price is right and it meets additional criteria.

Additionally, buyers may want to consider consulting with a real estate attorney or financial advisor to ensure they fully understand their rights and obligations under the financing agreement.

You can also apply bonus depreciation to some additional upgrades to  your property.

It took a while to get right - but we've had consistent success using a mix of research, mindfulness towards our neighbors/neighborhoods, conversations with cities, legal discussions, and as a worse case fallback is converting the home back to a single-family property and where we offer to manage it for a discounted price since it is a tough situation for all involved (this is very rare).Hope that answers your questions/concerns - let me know if I can provide any additional info as well.

In addition they made it very clear they were looking fit cash buyers.

Additionally, I would greatly appreciate any insights or examples of successful ad creatives that have worked well for your STR properties.We've got a direct booking website getting built at the moment (which I'm particularly excited about), but then the next step will be promoting it, so I'm curious to get some thoughts and feedback around this.I know not everyone is excited about direct booking sites, but I'm mostly curious about the people who actually do have them and how it's promoted.Thanks for any tips!