I would also add that most of the small multifamily I see in that area appear to be on the rougher side.

At first glance, it appears that the price you are paying it high.However, it will depent on several factors - How many states are the syndications invested in? 

As indicated the correlation of LCOL cities having high crime rates and HCOL cities having low crime rates appears to not be strong.Ca large cities have lower violent crime rates than many cities in other states that are a similar size. 

Multiple properties listed on the website portfolio appeared to be ones they would possibly not have initiated the LOI/PSA/sale as the properties are known to be bought/run/sold by other entities/syndicators.

How many times does the interest rate appear in that formula?

You can start by compiling a list of investors who appear on podcasts, reaching out to them, setting up appointments to talk, and beginning to build relationships.

It appears he is on a course of actions that will not change.The pyramid scheme became obvious when the underlings started to reign down in the forums here, as many mentioned, where no one looks too kindly on SubTo, not knowing what they were walking into and not caring because they were looking for the "hungry" bros who would spend the $8,800 to get into the community and "share" deals.

I call it "strategic" leverage, to make it appear cooler. 

While this review appears comprehensive and objective at first glance, I see a concerning pattern.Looking through William Ferr's posting history on BiggerPockets, there's an unmistakable pattern of consistently promoting Jonathan Halves and his training course The Land Method and his Land Riches Blueprint, while criticizing other educators.

However, it’s crucial to track and document all hours worked meticulously to demonstrate material participation if audited.The CPA’s suggestion that your activity would be treated as passive could stem from the involvement of a property manager, as their role could make it appear that you are not the primary manager of the rental.