Our cleaning crew does all the normal STR stuff--cleaning, restocking, laundry, replace towels, reset beds, and will do the occasional odd job like replacing batteries.

But ultimately, if you wish to treat people well I think it's the path that has the greatest odds of helping you achieve success.I hope that helps.

Having land in the deal might help a little.If the home is already completely rehabbed and is at the top of the range of surrounding homes, odds are you are going to be paying way too much for the cash flow return. 

That's really odd since one of the text box' says to insert "postal code".

Thanks, oddly she was on board at the beginning, until there was a real property to investigate.

Given that legal notice was published only 2 weeks ago and the property is underwater, what should I do to maximize my odds?

The risk is in several areas: the syndicate itself and the trustworthiness of the constituent parts - it's hard to feel safe parking all of your capital in a project with people you don't have a relationship with, the structure of the deal logistically and legally- whether you're active or passive like @Michael Ealy pointed out there are still risks: Industry Knowledge: You have little knowledge of the industry and so with the best will in the world you'll have to rely on others to guide you unless you wait until you have educated yourself sufficiently to feel good stepping out into such an exposed position right at the beginningGrowth Prediction: With the best market analysis in the world ( believe me I did it for a long time when I was managing a Management Consultant team predicting for M&As with large portfolios) you can still be wrong-footed - a predicted bridge funding falls at the last hurdle, the new Corporate office planned for the huge new park goes under at the year end etc. whilst Real Estate investment always depends on future predictions the quality of the predictions for a large project are crucial and the timing of the project has a large part to play in the returns you can expect- unless you know your way around what truly drives a city /neighbourhood's growth you could be blind - sided by a greedy developer with form but without due and careful diligence.Construction Error: Once ground has broken the risk increases significantly - you can get into negative equity very quickly - if there's a permit mistake, legal loophole, engineering inaccuracy, fire regs many things can cause the building to be torn down - razing a building to the ground costs a lot of money.These are just some of the issues obviously there are many more and having prior experience and knowledge are very important at this scale.Another point I wanted to mention too is that predicting for appreciation is not the same as predicting for an increase in price so be wary of inflated or misleading price predictions - inflation and it's commensurate effect on value can have a house or apartment complex growing in price but not in value - the value of a property is not the same as it's price -remember that the value of the land is separate from the value of the structure on top of it - structure value ALWAYS depreciates from completion whereas land value normally appreciates so if prices are rising it does not necessarily mean that your structure value is increasing.Hope that helps.

However, if a tenant is in a property for ~5 years the odds of them moving are slim to none, which means vacancy is 0 and the turnover costs are 0. 

I have never purchase a NNN Leased property so my concern is that if the tenant does not renew after the 5 years I would be stuck with a property that I overpaid for due to the inflation cause by the NNN lease.

It gets time stamped and there is no excuses like “I tried to get it to you but you weren’t there”...And having odd dollar amounts for rent eliminates the hesitancy to raise rents annually as well....