That’s spot on- I’m not anticipating profit right away, timing/seasoning is my main concern.

I would be happy to discuss any questions or concerns you have with the areas and STR management.

So occupancy rate is not my major concern.

So just to clarify if I have $3000 in origination fees from a hard money lender in November of 2020 from a property that is in service as of November 2020 and that's a 1 year loan that has not yet been refinanced, as far as the IRS is concerned, do I take that $3000 deduction in 2020 or 2021 after I refinance?

I’m not overly concerned for a 5 day waiting period for the funds to show up, but I would like to have tools available to me as the landlord to see things like the payment is in process, payment history, etc.

(This is often done on a monthly or quarterly basis) Syndications are often 5-7 year commitments, so it is important to know going in that you will have access to the sponsor if you have any questions or concerns about your investment.

I've done some research on it and it seems like a very valid concern.  

I wouldn't spend a lot of money or time on this unless it becomes an ongoing problem.For me the bigger concern would be the lack of a meter for common area expenses.  

We are not worried about any shady dealings, but I am concerned that we do things correctly. 

Not sure what the issue is with COVID...are you concerned that residents will squat and not leave?