@Melanie P.Thank you for your response.I agree with you there are a LOT of garbage syndications out there and I know a lot of people that have been burned by them. 

I would argue that they are young so they haven't been burned by bad landlords or even know how to take advantage of the system.

Strategies that use hope, is how people get burned, bad. 

If you’re trying to do everything yourself that is a sure fire way to burn out.

He pretty much burned his bridges with a lot of people.There was one good thing that came out of all this.

It burned to the ground a week after purchasing.

U only have to be burned once when title comes back 3 days before closing ( which can be very common in abstractor  states ) only to find it title is buggered.. title companies and closing attorneis may have their process's but a good agent just lets them know this is how escrow is going to flow.. they will wine but it cost 200.00 for a title search and we dont want to spend that until we know we have a closing.

My point is, because some people got burned 10 years ago in the fiscal crisis doesn't mean one needs to be extremely conservative with leverage.

I don't see big 5%+ rent increases happening until 2027 as it will take a while to burn off all of the supply.

Florida is a state that does not fool around when it comes to foreclosures as if you do not have your i's dotted and T's crossed you can get burned bad.