In our client’s experience, landlords often receive only the government portion, not the tenant’s portion.

If they’re selling for a $400k+ gain they could look at a 1031 for:A super nice 2-4 unit they wouldn’t mind living in a unit of where the rental portion exceeds their 1031 sale. 

If house hacking, allocate expenses between personal and rental use to claim deductions only for the rental portion.

Rental Income Consideration: If the property generated rental income while it was debt-financed, the portion attributable to the debt could have triggered UDFI.

They can work out that payment situation..... who is paying what/when/how... not my problem The deposit is on the property, not the individual.... its stays with the property- if the "move out person" wants their portion now, they can get it from the "stay person" and the "stay" will get the full amount at move out.

As I develop trust and confidence in them, I invest more, and I've come to have a significant portion of my net worth invested with some operators. 

Sorry , a bit confused Ms dillon, trying to learn more about syndication, are you bringing 50% of the capital for the down payment to buy the property and your partner the other 50% and they are getting the loan for the debt portion, hence getting 50/50?

The account does not have to be an interest bearing account but if it is, then a portion of that interest earned has to be returned to the tenant annually.

If you're only using a portion of the funds, its less of a risk and could make sense depending on your situation and the deal itself.  

The early portion of my career was buying turnkey rentals, like the one you described.