In your experience do you see people commonly attempting to offset ordinary income / W2 with syndicated losses, despite the above?

this is very common.. 

I have doubts about his experience in RE, which I believe may be common among CFP. 

  :)   She was kind of getting the idea, and I know being new she was trying to pelase people but i said you are talking aboug 5 people, you are not thinking of the 130 others, the more to come etc, you cannot let people walk all over u etc!!

Is 21,000 common for these jobs?

Out here on the West coast the buyers brokers agreements were not nearly as common as back east and buyers out here are not familiar with them and are balking.. then sellers are balking at paying outside agent because of the laws Etc etc.. 

For the seller (John) to defer capital gains via a 1031 exchange, the sale proceeds must be reinvested into like-kind property within 180 days.

I enjoy helping new investors avoid common pitfalls and use loopholes to build their REI portfolio.

You would have to create an HOA to manage the common area and keep control of that or create a self-managing HOA for the four owners to manage together.

Looking to invest in a few properties over the next 5-10 years and want to get a sense for tenants, common issues, etc.