The less sophisticated the Vendor, the bigger the education process and the less likely they are to accept the proposition - despite the fact they will see more in their pocket overall.

I became accredited because the value of all my SFR's in Los Angeles exploded.....would I call myself a sophisticated investor?

In a respectful and sophisticated world the tenant should kindly request and notify the landlord of anything that violates a habitability standard in the property and hopefully the landlord will oblige.

This kind of structure could be a disaster if one is not sophisticated enough to appreciate all the dangers (e.g. under-capitalization, fraudulent transfers, etc.). 

The schedule is aggressive and subject to change.Section 3303 of the bill repeals like-kind exchanges for all personal property, such as machinery, equipment, vehicles, artwork, collectibles, and other intangible business assets.

I know there are more sophisticated methods, but I can do a year worth of accounting in a day for 4 properties and you don't need anything complex for a few properties. 

Why do you think sophisticated lenders like HMLs take 12 to 14% plus 3 to 5 points for that kind of deal?  

As I grow in portfolio size and value, I feel the need for more protection and sophistication in structure and approach.

@Joe Splitrock Section 179 depreciation/deductions are for equipment/vehicles/machinery, not real estate.

Most people aren't that sophisticated when it come to tech, and they stop using it.