You want money in the bank. 3) If neither of those happen, you are at real risk of being robbed in real time.

Most DSTs have a disposition fee on the back end that they only receive after they've returned original capital, giving them an incentive to do so.Work with a group that has experience with the sponsors and knows what potential red flags to look for in each offering so you might mitigate potential risks.

The tenant is concerned about their child's health.My property manager suggested allowing the tenant to break the lease without penalty or offering whatever they request at this moment to avoid potential litigation.

That psychologically can be a big barrier for an investor who's used to diversifying and spreading risk -- I definitely would not do that in the stock market!

STRs do seem like a lot of extra work, with higher risk/volatility, when compared to LTRs. 

My goal of becoming a broker is two fold:  1) Build a career with high earning potential   2) Use that income paired with the knowledge I would gain to invest. 

There are several large brand new affordable housing buildings being finished less than a mile away, that will also pull potential renters from this property.I'm not sure where you pulled your numbers from, but I wouldn't be surprised to see that property rent for less than $3k/mo for the entire house. 

Even launched and managed several real estate funds.I specialize in various aspects of commercial real estate investment, like market analysis, financial modeling, debt modeling, risk management, portfolio optimization, etc. 

If the rate of return is lower than 10%, the amount of money that remains in my pocket per year will be in the range of several hundred thousand yen to around one million yen, which is not that large amount of money.On the other hand, if the yield is as high as 20% or 30%, it's highly likely that the property has inherent risks in property management as described below.

Quote from @David Freed:You could also look at Farmers Branch and Addison potentially.