Followed by those clauses.

Not sure how this helps, but they seem to have a system they like to follow, and their LLCs hold general troughs of investments, i.e. all syndications go in ABC LLC, all direct holdings go in XYZ LLC, etc.From protecting your liability that may arise from an action taken by the syndication, I can't imagine you would create any real protection there.  

To follow up on Evans point about option 1, I would advise not getting suckered into this arrangement as it handcuffs you when the economy is in a recession. 

Following - I'm based in California

You aren't going to be a good landlord and this has been proven already by the relationship between you and the management company.

We are just debating to follow through or not!

Quote from @Tara Humphries: @Pamela Johnson thanks for your follow up here! 

The sophisticated money is not buying in stagnant markets with poor fundamentals because they can achieve the 1% rule, can complete a BRRRR or because of more favorable landlord tenant laws exist just to highlight what’s rarely part of their acquisition criteria which is a stark contrast to the mindset of most within the BiggerPockets community.Since your focus is specifically on landlord tenant law component I’ll add those who follow the law, properly maintain their property, respond timely to tenant requests, use well drafted and fair leases and don’t unreasonably withhold deposits  find themselves in far less tenant controversies. 

Follow the grey-haired people with life experience and real wealth instead of the flashy YouTubers making money off suckers. 

But I do think you need all those tools all the SM to get yourself out there and then proper follow up its a belly to belly bizz you need to talk to people live in person. 3.