Kevin - A few thoughts:Revenues - Did you double check the rent amount with a few sources?

My current home was a duplex at one time and I was planning to keep it and rent it as one.

Many of them make big promises, then provide very little actionable advice.Second, what you are hearing about is referred to as "arbitrage" where you rent a property as a long-term rental for a set price, then you furnish it and try to rent it on AirBnB for a profit.

Property is stabilized but rents need to be increased for a few units.

A $50K investment from a psychiatrist who has no idea what they are doing but wants the "freedom" "low risk" and "generational wealth" the GP promises comes with zero power over the syndicator in an incredible lopsided distribution of power not available from most other sources of capital. 2) Ability to Charge WAY more in fees: A naive accredited investor with little experience in private investments will fork over fees like: - 2.5% acquisition fee- High Management fees (2-5% of rents) - 2.5% disposition fee- 1-2.5% refinance fee- 20-30% carried interestThe fees that many of these social media influencers charge would get them laughed out of the room by any family office or private equity shop.

The yard alone is approx 10,000 squarefeet , watering the lawn will significantly increase the water bill.

Once the rehab is complete, consider a cash-out refinance to recoup costs and fund future investments, leveraging the increased property value.

The owner was renting the property and was getting close to retirement age.

I have a unit which is rented to a family for years.

The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.