With a good business plan and the right partners, it can be amazing what you can achieve in a short amount of time

As both an LP and a GP, I would be happy to achieve a 13% IRR on my money.If you think cap rates in the US are low, I suggest you compare cap rates around the world.

We expected to achieve great cash flow for the property by improving the property management.

but, I personally find it unsatisfying and frustrating to have someone start a thread about them investing in RE syndication and asking other investors experience only to find that they have started the same exact thread many times in the past AND  after my exposure to their post....and then to top it off they are not even really investors, nor are they really going at the topic from an investor mindset, but, rather have a purely 100% ulterior motive of promoting their own syndication....AND to add injury to insult, they are really horrible garbage investments.My opinion of most accredited investors, is that trust is a key component for them, when investing in Syndication. if the networking technique is disingenuous, it just comes off as corny-time-share-tactics-manipulative base level conduct that is unappealing, untrustworthy and wastes time.I will say that all your points of essentially "caveat emptor" regarding ones own filter for things anywhere on the internet(including BP)are true, but, the benefit of micro-social media- climates like Bigger Pockets is that you get the benefit of other like minded, maybe even I dare say "smarter than me" individuals, weeding out what is the inevitable dissent into Craiglistification of said micro climate...meaning that eventually if all the post, or some critical mass of the posts, become of the aforementioned disingenuous type, the benefits of the this type of forum become less evident or more cumbersome and timely to get value from, and maybe even have negative return on time-equity.....IMHO

Not everyone's motivation is money. 

I read so much but most of the books gloss over the subject and are more of motivational books than substance.

If you did, you would have this large interest-only balance looming over you with little motivation to pay down quickly. 

This all depends on your goals and what you're trying to achieve.

I currently reside in Virginia and it has alot of potential for future investments. ill be obtaining my business license in a couple of weeks and i just wrote down a plan after an excessive amount of research but not to much research i know how it can  overcrowd your judgment and overall motivation. im starting from the bottom so this 32 year old would love guidance, wisedom and life long friendships , thank you and God Bless

Write down your goals, speak them each day, and take daily action steps to achieve them.