Rental Property Investor from Jacksonville, FLPREVIOUS POSTWhy I sold Cleveland.If you're a real estate podcast junkie like me, you definitely have noticed the clear shift towards real estate syndication in the multi-family space over the last couple of years especially.As deals became harder to find in single family and smaller multis across much of the desirable markets,the allure of pooling investor funds to acquire larger assets became a sort of self-fulfilling prophecy.Books that were mostly hurriedly written flooded the market pimping the upsides of this strategy.The argument for was simple and convincing:it is better to own 1% of a large deal than 0% of no deal.Personally,I could not help but notice that the popularity of the idea coincided with the rise of real estate crowdfunding.The likes of Realty Shares and Realty Mogul raised a bajillion dollars practically overnight making it very easy for everyday real estate aficionados to own small bites of a mega deal in rural Tennessee at the click of a mouse.A few of my friends experimented with the crowd-funding route, tossing $5000 into this debt offer and $10,000 into that equity offering.These punts yielded mixed results anecdotally, as an equal number seemed to have great experiences to share as did absolute nightmares.To be fair, no real estate niche is 100% fail-safe or iron clad.Money has been lost in a large single family portfolio as well as a personally purchased medium sized apartment complex.It is also certainly true that in the end, every investor will run out of money to invest in more properties if they decide to go it alone trying to rapidly scale up their portfolio, and real estate is most assuredly a team sport at all levels.

This could be a huge lawsuit in and of itself.However, you have indicated to me that it is not your desire or intention to pursue any type of legal action against these people unless they double down and respond in the same negative tone to this response.

I was sold on the dialer's low cost and its ability to port as many numbers as desired. 

1. you need to sit with your partner and discuss contributions and equity desires and then you have to agree. 

That is an instant win, especially with most investors answer fewer than 50% of calls live.Additionally, with outbound voice AI, follow-up happens 100% of the time, on-time, for as long as desired.

Quote from @Andrew Steffens: STR IMO is great for people- Who want to own a second (or third +) home in a desirable place where they can get personal use out of- Investors expecting modest returns but can invest in better neighborhoods leading to hopefully higher appreciation.- High end luxury/unique property owners with higher than average returns.Otherwise you are likely experiencing similar results to what you mentioned, of course depending on the market. 

And don't buy in a challenging area, but in a desirable suburb.

You’ve got two parallel plays: 1) The condo: don’t move a dollar until the HOA gives a written green light on your desired rental type; if restricted, price a sale vs LTR hold and include dues, special assessments, and an off‑ramp if they delay. 2) The house‑hack: use the bank grant plus your cash to target a small multifamily you can live in; lock financing first, verify rents in writing, and buy light‑rehab so you’re not managing two rehabs out of state.

What I desire is making more money using my intelligence.  

Personally, I prefer markets and neighborhoods with a mix of owner-occupied homes and rentals because it usually helps values, pride of ownership, school desirability, and long-term appreciation.