For example, we offer full service management but we don’t do STR taxes due to liability and complexity… but is always a good idea to make sure you guys are on the same page on what’s covered and what’s not to avoid any miscommunication. 

If they don't pay, take them to small claims court.https://www.njcourts.gov/self-help/small-claims-court

However, it adds complexity, costs, and doesn’t guarantee tax savings without proper structuring.

A collective approach could put more pressure on the syndicators and make legal action more feasible if it comes to that.Unfortunately, these situations can be complex, and getting your investment back may take time and effort.

But I don’t do my leases in my LLC because an attorney has to represent the LLC in court, not us.

This could be a share of the profits or equity, typically in the 20-30% range, depending on the complexity and the workload.

This can yield high returns but comes with more complexity, like managing operations, employees, and industry-specific risks.

It was a wild ride for him, especially in the first year, but seeing guests enjoy the space made it all worthwhile.Given your engineering background and rehab experience, you're well-equipped to handle the complexities.

The reason for the delay is because I initially thought I'd invest in low cost areas of California like Fresno, Bakersfield, Stockton, Sacramento, etc (due to being somewhat within driving distance of the SF Bay Area) but I held back because California's landlord laws made me very concerned.I didn't want to end up in drawn out court battles with a renter just squatting at a place I purchased with my cash. 

And I would probably look at the smaller houses where you can keep your unit costs down but still rent them at a higher price point relatively speaking. you are arguing one asset class. build a new hotel anywhere in America on any soil it's better than any apartment complex you can own. lower cost per sq ft than type 1 buildings and higher exit. we just ran into that and hotel is way better use after a rezoning application got declined for apartments. hotel is looking much better