To reply to my own question: I suppose it's also possible that the process of each investor choosing a property they want to live in for the fund to buy, and th

To reply to my own question: I suppose it's also possible that the process of each investor choosing a property they want to live in for the fund to buy, and then occupying the house that they also have some equity stake in, will result in higher quality properties and better returns than a traditional reit.