Thank you.What aspect of syndication are you looking to learn more about?

One of those provides direction, the other manages every aspect of the business to include who sweeps and mops and what paper to order for the cash registers. 

A trust is a more expensive route to go administratively (mostly amount of headache), but there's a good chance you don't really need an LLC anyway as you may not get the limited liability aspect depending on how you operate the properties.

The roof is from 2008, and I assume the bank is carrying insurance on the property.

I’ve done a lot of research and needed that confirmation to make sure what I was finding is true, as there is a lot to think about especially when you add the traveling aspect of it!

https://www.zillow.com/homedetails/114-S-Broadway-St-Toledo-... seller has 'described' it as follows:"The property features a new roof and updated electrical work completed two years ago at a cost of $120,000.

That seems more than just a RE investment: To me, the casino aspect of the investment would require specialized expertise (knowledge and individuals in place to make sure the business is a success) that seems to be a greater risk than the RE side of the deal.

Financially this deal makes sense; however, I am concerned with the safety aspect… I must live there for a year since I am looking for an FHA loan.There are areas close by that i know can have criminal activity but I am uncertain about this specific area (1-2 mile radius).

Feel to reach out if you need any contracting or roofing help!

Also, the roof is a barn-style roof, so it starts to slope at about 4ft high.Is there anything I should add or change to suit MTR (and STR in the gaps of no MTR guests)?