But, I have used this strategy numerous times when time was much more important than money to a seller.

Rud, Syndication deals (and crowdfunding deals which are essentially syndications that are allowed to market over the Internet) can be set up in numerous different ways.So there isn't going to be one single answer for this.To answer your question, I am not an accountant and you should always consult with your own tax accountant before making any investment decision.

As you mentioned, it depends on numerous factors, with pay history being a big one.

And Alienation of title is a Event of default. there are numerous events of default..

It was an office building owned by a somewhat shaky business, but did have numerous long term roof leases for wireless providers.  

To answer the title of your post, selling fsbo can be a good idea if:- you have experience selling RE- you price the home to sell- you have systems in place to collect inquiries and facilitate showings i.e. call center/email/google forms for screening inquiries, showing agent, lockbox, security alarm, etc. - you have dozens of local agents who can market the property for you and bring you a buyer- you are listing in a desirable area with low-inventory - you are not in a rush to sell

I have purchased numerous courses.

Our portion out-of-pocket was the $3K deductible.I'm friends with numerous apartment owners. 

The sad stories of money lost are too numerous to ignore.

As for my Airbnb research, I have spoken with a person who runs numerous Airbnb’s in a different area (city atmosphere) who provided good ideas on how to smoothly run the property.