Limited partners usually cannot coattail REP status.

This can make the real estate investing process and management more efficient and less burdensome.Here's an article with additional FAQs on cost segregation studies that you may find helpful. https://www.biggerpockets.com/forums/51/topics/1113749-cost-segregation-faqAre you streamlining your services?

It's also not going to scale as you'll quickly hit DTI limits even if you can get the numbers to work.

The value skyrocketed due to limited run sizes.

This is actually something I see as a benefit because it shows that the city is interested in facilitating the growth of that industry, and it's much less likely now that they would do a 180 and try to limit usage

We got some limited engagement but no real leads.

You can by a resale (but supply is limited) or you can buy a house from one of the rare villa developments.

If you want to make the opposite case, look at engineering degrees or point to the wage studies that show on average people with 4 year degrees make a lot more than those who have zero college.  

Another thing to consider is if you want to setup "single-asset" LLCs that only over 1 property to further limit your liability.

It's a small venue so space will be limited, please DM me for location address if your serious about joining us.