And like @Chris Watson stated, being there in person and staying for a few days gives you intimate knowledge of the property so you can work out any kinks, and it's much easier to answer guest questions, diagnose and solve problems, etc, when you personally know the property inside and out.

Stay far away from any gurus (especially on Bigger Pockets) and invest in boots-on-the-ground knowledge. 

Disclaimer - I am not an CPA or attorney but I became financially free doing this for myself after 10 years working as a w2 engineer :( and I am sick and tired of seeing highly educated and hard working professionals getting stuck in the rat race because we deserve financial freedom and the option to do more with it.If you are able to implement a real estate professional status tax strategy (REP) you can use passive losses from syndication deals to lower your ordinary W2 income.

Not sure what markets you are looking at, but would love to connect and knowledge share if you are interested.

.- Maybe a once a month get together or zoom call - or maybe much moreThe ultimate goal is to become financially free/generational wealth - for everybody in the teamThank you for reading Leave a message if interested

I'm not really sure about that part yet.Moving forward, I have a lot of things to think about and any little shred of advice or insight is beyond helpful, so feel free to reach out and chat here or via Instagram or email.Thanks BP Fam!

Please feel free to reach out.

You don't necessarily need a really built out one though - even just using an AirTable base (there are a lot of free templates out there) would probably give you what you need to stay organized.

So, if you are a CPA with international/cross-border knowledge please let me know, I would love to connect.

Are there any compelling reasons to hold onto this or can we just lick our wounds and free ourselves of the burden?