And if I were such an investor then I would be especially wary of investing in a time like now where a significant number of these types of deals have imploded...or are making unplanned capital calls to avoid implosion.

Whenever you are using leverage, you need to have ample slack in the system and sufficient cash reserves (or access to cheap & instant cash) to cover vacancies, capital expenses, unplanned maintenance, and other issues to avoid missing your note payments. 

For 2024, I will have a significantly higher W-2 income (600k) due to unplanned stock option income (company I work for was purchased). 

With the advent in real estate syndication's of the unfortunate unplanned capital calls for limited partners I think this becomes more important to understand the nuances. 

Very high probability that sometime in the future you will need to put those fees towards the lawyer fees / collections - unplanned turnover, etc., 

As long as they cash flow and I keep them rented out, I should be fine even if we have a really big crash like in 08-09.I have, what I would consider, fairly large cash reserves for any unplanned vacancies, maintenance, etc, etc.

If you bet the farm (are 100% in with your money), And something goes sideways And you need money for unplanned personal or investment things.

You are unplanned, do not have Systems & Procedures in place, do not understand Deeds, Escrow, Title, legal, tax, asset protection, generational Wealth 6.

I have no complaints for our first and totally unplanned commercial deal.  

If its something unplanned or higher than expected, we can also use it as a negation tool.