i noticed though that the strategies you proposed are very different... an STR is a hospitality business and syndication is (in theory) at least somewhat passive.my main tip in getting started is not to rush into anything. 

Was the business credit enough to put towards a deal? 

I would avoid this business model.

This is what I am encountering, in the current Mortgage Industry.If you think you will go FHA, Conventional, FHA 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

I have other projects and business' I'd like to pursue and the rentals are a constant distraction and time suck. 

Courtesy of the video, criteria to consider include Deal Type, Management Plan, Business Plan, Financing, Asset Class, Ownership Structure, Property Class, Location, Purchase Price, Rehab Costs, Risk Target, and ROE Targets.

More repair costs because their maintenance team somehow "missed" things during the initial turnover.At this point, I genuinely started wondering what exactly the 15% management fee was for.The Bottom LineLook, I get it—REI Nation is a business, and businesses are here to make a profit.

A strong business foundation ensures long-term success.

@Dalton Summers My ex-business partner owns 40 units and still rents a house...

I use Proper insurance, unwritten by Lloyds of London, for my STR - covers the extra issues you would expect from an STR like vandalism, alcohol liabilities, business interruption up $10k, hot-tub cooties etc.