They don't have an eye towards understanding the hidden expenses in how a property is set up.

We at 1031CF analyze deals based on the asset type geographical location and it’s economic ability to overcome the upfront expense so that principle can attempt to be protected prior to suggesting any DST.We are licensed advisors but also have over 20 years in the commercial real estate.Again great conversation!

A syndicate is already an LLC or a LP so I don’t see any added liability protection by having a second entity layer.

Additionally, they may have good cause eviction protection depending on where in upstate NY. 

Well i'm not particularly looking to buy in a warzone so I'll keep an eye out on the westside and toledo.

I'm keeping my eye out of a 4plex to help reduce my, probably unreasonable, fear of vacancy risk but keeping my options open just to get started so a 2 for got my attention.     

Seems you are new to this- you can get just as good protection by working with an agent or broker and will see more deals through developing that relationship. 

It's like a lease so you are protected if they squat. 

On top of that I love how they say keep your job and do real estate well in my eyes the best way to juggle that is with LTRs if I were to get in to the STRs I’ll just buy a Hilton and quit my job…… easier said then done.

If it was unforeseen medical debt, and you've made progress in straightening things out, you might find a private lender to work with you for an eye-wateringly high interest rate.