However, in today's market conditions syndicators that are pushing a hold period under 5 years would seem to me that they are being too aggressive on assumptions. 

I would invest in a market that will sustain STRs and is a tourism destination. 

MarkRedfish Emerging Markets

If the property contains a residential structure, you can do any necessary repairs to make the property habitable (but not upgrades) and the VALUE (not the cost) of those repairs is an additional charge if there is a redemption.

If yes, is the rent that is received greater than market rents?

Macy's, a cornerstone of American retail, is seeing significant interest in the real estate it has put up for sale, a promising sign in a challenging market.

@Ignatius Okeke how much research have you done on this market, versus just relying on what others tell you?

Not sure if you're a pro member on BP, but if you are to familiarize yourself with the area besides having a trusted human who knows the specific market there - the Market Finder app has a lot of good info and the Deal Finder you can use to poke around that area on a more granular levelKeep us updated on what happens with this!

We self manage and we've had 0% vacancy, <1% late payment, all occupied at market rents.

The last three properties have been on the market for over a year with active showings but no offers.