While that kind of income is not a deterring factor, when I looked over the terms of service many big red flags came up.

Get out of your comfort zone.

We found an opportunity to purchase a huge SFR with two kitchens located next to a commercial zone which was previously used as a sober living facility.

If 4 syndicators offer 10% and another is offering 15-20% then a red flag should go up and ask “why is this one better” if the operator says it’s because their secret sauce I would laugh. 2.

My rental properties in the Bay Area aren't in a fire zone but I live in a fire zone.

I have yet to see an underwriting that holds up to my scrutiny that shows that adding a hands off single ADU in single family zoned area that projects a return that justifies the effort and risk.

., equipment) are excluded from 1031 treatment and are taxed separately—goodwill is typically taxed as a capital gain, while equipment may be subject to depreciation recapture taxed as ordinary income.To minimize taxes on the sale of the business, consider strategies such as Opportunity Zone investments, which defer gains until 2026 if proceeds are reinvested in a Qualified Opportunity Fund (QOF), or structuring the sale as an installment agreement to spread taxable income over multiple years.

The one that we live in has a kitchenette, but not a stove because then it would have to be zoned multifamily.

Red-Necks on UTV's were a disaster relief force to the effect of about 100,000x what the "command & Control" capacity of Big Government was. 

The benefit is significantly less red tape compared to working with your traditional local banks who also do new construction financing.