You can easily determine neighborhoods by the tyical price point and for you as an OOS investor it does not matter so much whoch side of town you are on.People tend to have rose colored glasses when it comes to neighborhoods.

Very good explanation, @Justin G. and all.I would add part of the evaluation of the GPs is what kind of financing did they get for the Deal. 

I’ve had 3 vacancies and they were easily rented at market value.

Reading up on Pacaso (the FAQs) and thinking about it, these are my thoughts on their offering as an average investor, evaluating them like a timeshare.

Re-evaluate the situation in one year.

The DMV is a huge area made up of thousands of local real estate markets and you could easily commute 2 hours each way if you live in Maryland and commute to NOVA. 

We had Self storage debt which was better "kept", but we did not want to move the Subdivision money to Stocks/Bonds or other investments where we did not feel a better than 4.8% after tax return was possible, or with less risk.Forget whether we are right or wrong, this is our thought process and market evaluation.  

Quick example, if you are single and lived in the house for 6 months (1/4 of the 2 year requirement) you get to exclude up to 1/4 of $250k ($500k is married/joint return) or $62,500.....so, your Full gain could easily be exempt.

For example, nowadays with properties being sold at $10k's over asking, your home's market value could easily be $100k more than it was last year. 

That’s the only thing that matters, the rest can easily be figured out.