The remainder of the depreciation cannot be taken until the property in the syndication is sold.  

Reading through the contract offer that my longtime buyer's agent has prepared, I was surprised to see closing date August 7 and first payment due September 1.My understanding is that the buyer normally gets the remainder of the calendar month after closing date, plus the next full calendar month, before first payment is due on the first of the following month.

You could also talk to a mortgage broker as they will shop around a bit.

Highly recommend letting them throw their hat in the ring as you shop your rates. 

One of my biggest feature is listing syndication to zillow and 1 stop shop management.

I have a small shop and seek bridge lenders.

Couple of observations here from my perspective:-I would have gotten the "old tenants" to sign a vacate agreement wherein the agree that they are not entitled to pro-rated rent for remainder of that last month. 

There are also plenty of great bars, restaurants, and shops in the area.

You could also shop all your coverage to see who will write the policies with a $5mm umbrella.2.

The reduced demand causes rents to decline but at the same time the tax base is eroding from the employer closing up shop causing property taxes to spike up.