What about those who participate in that syndication, aside from the fact that their involvement is much more passive in nature.

I am a financial advisor by trade, so I have a decent amount of real estate knowledge, due to the nature of my career.

While it is possible to have all moneys in one company and split it into two buckets for tax preparation - it's much easier to do when they are already naturally separated between two LLCs.2.

I believe you made the right choice by giving them back atleast something so they wouldn't feel too bad. when it comes to newly mothers having premature labor, they can tie it to the chemicals from the pest control, unless you are using eco friendly 100% natural product, either way it can fall back on you.

The key is to find a niche, like near that gun range, and to provide a "wow factor", like an in ground pool, game room, near a park, a natural preserve, etc.

So first 4 family property owner here. I purchased last month and just got my first electric and gas bill. Let's just say wallet shock doesnt cover it. To break down the tldr, apparently I used 23.59 in gas last month...

People have short memories and think stuff like that will never happen again......personally I would never buy in those areas unless I'm flipping it and moving on.....no way would I buy a long term buy and hold there.I just sold my property in Kingwood.....flooded all around the neighborhood but not near my property...it was a stressful 2 weeks..... really don't want to do that again....dodged a big bullet with no flood insurance and I'm not counting on dodging mother nature again

Yes, and find out what the land-only value is...This is what a lender may only be willing to lend for...And, insurance to rebuild the 8 homes, in case of natural disaster?

For example: if "unit 2" has a kitchen as soon as you walk in, i rearranged the template for unit 2 to start with a kitchen and flow naturally as i walk through the unit. 

So, since it would appear that I am going to have to take a pay cut regardless of what I do, I figured it's time to look into a career change.I want to get into RE as I think it ties well with my analytical nature and I have an interest in building wealth above and beyond stock market returns.