And, in the seemingly exceedingly slim chance that a suit arises that brings tries to bring the LPs into play, chances are those attorneys are not going stop at your LLC, but will try to pierce that veil as well to get to you personally.And lastly, Duke's point: if you are looking to protect your investment from liabilities that may arise from you personally, that is another matter.  

It's been a good experience, very eye opening for me as well as financially nice, and of course, there have been unexpected issues (ie, no matter how sad a situation seems to be, have a 1 strike late payment policy!)

Its a simple matter of the math.

It doesn’t matter whether the use is under a lease, a service contract, or some other arrangement.Exceptions.

However, I reached out to specialists for advice on pricing, marketing, and legal matters.

Doesn't matter what the cost is, it is worth it.

Even the side of the street that the QSR is on matters. 

I am wondering if it makes more sense to just deal with the large upfront cost to have the roof done fully or if repairing the damage will end up coming back to haunt me.It's a rather small house at just over 600sqft, for an addition is it really just a matter of getting estimates for the addition and comparing that to the additional rent I would get and seeing if it's worth it?

They can't fully win with the pundits, no matter what they do.2) The Fed is not an all-knowing entity.

Like you I think I made my first investment in a true syndication when I was in my early 60s. the sponsor is what matters.. asset OK  but if the sponsor is not top notch I dont care how good the project is..