I have never seen a syndication where the LP would have any personal risk or exposure.

I’m worried about legal/insurance exposure and also just generally annoyed at all the foot traffic in the u it

It's priced the way it is because of the added risk exposure.

Given your strategy and limited exposure to cash flow markets you likely will be stuck with suspended PALs for 10+ yrs.

A million ways to do it:1 Holding LLC(parent) in a protected state (Texas, WY, NM, NV) which owns the below:2 Child LLCs(one holds title of property, other manages property) in state of where property is owned.Some would say each title holding LLC shouldn't hold more than $X equity but that's up to you on exposure.

It seems to be way easier to self manage since I am local to the property as well as get marketing exposure since I have more control.

Thanks Chris I was thinking the same thing re exposure to UBIT.

Exposure - make sure your listing is on all the main booking sites.

Before you jump through the hoops and incur the transactional fees of transferring this duplex titled to yourself and wife to an LLC can you articulate the liability exposure risks you believe could impact your personal assets?

However, this model can be beneficial for folks wanting real estate exposure in a more passive manner.Thoughts?