The Big plus is the tax deductions they will be able to take as well!!! 

Syndication investing is awesome, it has given me sp500 beating returns for 30 years, fantastic tax benefits, great geographical diversification, a wealth of knowledge about this country and the economy in ways that a nerdy science type guy like me would never have known about.

Readers should seek professional advice.Hello Ashish,Would love to connect and discuss a little more about the potential tax aspects of all this.

So you have this shadow plat underneath a 10 acre lot The county assessor since its all one ownership would just show the acreage and no individual lots IE not give them apn #s so if you were looking at the county assessor maps you would just see this 10 acre lot..

Keep in mind tax's.

Pretty much the same except you don't own it and would need consent to make changes.Also the owner gets all the tax benefits as they are the owner. 

I did all my other due diligence like asking for paystubs, W2s, Tax returns, Employment verification, bank statements etc etc and did not see any red flags overall.

In addition to other tax strategies like a cost segregation study on the fully rented out house.

I love Mt Ranier, but the property tax rate is crazy.

What an investor gives up though is tax bene's and the chance ( well at least proforma wise) that you bought at X cap rate and can sell at Y cap rate and there is a big profit that is added on to your returns.