If you invest in someone else's syndication, you are a LPAccredited Investor (AI): An individual or entity that meets specific financial criteria, allowing them to participate in certain investment opportunities, often with higher risk and potential returns. 

More that I just received:At this price, we're practically giving it away...100% Iron-Clad, Money-Back GUARANTEEHere's a blog link where the comments offer some explanations on the guru mindset and operations:http://realestate.bryanellis.com/1167/why-i-wont-participate-in-product-launches-with-the-gurus/

@Jared Smith Does your father actually participate in the labor of his projects or is he mostly managing his subs?

The general contractor is motivated to keep those costs down since he participates in profit on the back end.

In the meantime, if you have enough people participating, you could earn interest off of that money all year long.

We are both busy professionals and don't have time to materially participate, so are not looking to do the STR loophole.

I do have some trepidation around the competition in the Orlando area for STRs, but I'm hoping since I am playing in the higher end of STR properties, I'll be able to stay cash flow positive/stay ahead of the game.I'm a high W2 earner (near seven figures), and am planning on satisfying one of the tests for material participation, so I can get some cost segregation / bonus depreciation for year 1 against my W2 income. 

I have not participated in a reverse transaction personally.

Many new investors look to turnkey to get started, as it provides an entry point that requires less hands-on and allows an investor to participate in markets that offer higher returns.

That might not make sense, so here's a simplistic happy case example that ignores lots of expense detail but gets the point across:Purchase: $400k  ($40k from you, $360k from me)Reno: $100k ($100k from me)Sale: $600kTime-to-Sale: 6 monthsUpon sale, you get $40k back and I get my $460k back.Gross Profit: $100k (you get $50k and I get $50k)I get 8% annual return on my money ($460k * 0.08 / 12 * 6) = $18,400You get 8% annual return on your money ($40k * 0.08 / 12 * 6) = $1,600Net Profit: $80k I get a check for $50k-$18,400 = $31,600You get the restIf there's plenty of profit, we both participate in the upside and everyone's happy.