.- I can invest across different types of deals unusual or difficult for a smaller investor (multi-family, opportunistic/distressed offices, hotels, etc.).- I don't need to put up as much upfront equity as I would need to for doing it myself and I can use that capital across multiple deals.- Pricing 'should' be better from the perspective of fees, contractors, rates, etc. that the sponsor gets vs. me as a solo investor.- I don't care if the investment is less liquid vs. an ETF or REIT and I would aim to hold it for 5+ years at the bare minimum.Some other questions I had and would appreciate any advice:- Is an average minimum of 12-15% irr reasonable for syndicated deals ($10mm - $100mm) with an experienced sponsor?

So I would just have to manually create those transactions, not the most fun thing to do, but it's not difficult since I've been doing it for over a year now.

not to be discouraging, but if you don't already have experience, i think trying to build for your very first property is going to be exceptionally difficult.  30K just is not a lot to work with. 

Prices are getting close to California levels and it might be difficult to find tenants with all the competition out there.

you will have to put some time in. also, not your main question, but: wholesaling is spectacularly difficult. 

Plenty of money on the table, but extremely difficult underwriters and less than helpful loan officers in terms of information.

Difficult to appraise because there were no comps in the area.

Quote from @Michael Baum: Hey @Kanika Jain, so Las Vegas can be a real difficult place to have a STR.

Difficult to appraise because there were no comps in the area.

It will be not only complex (but doable) to secure financing for it, but the real issue is that if you ever want to sell it, it will be super difficult for prospective buyers to secure financing unless they are seasoned investors which limits your potential buyer pool and potentially your offloading price.