Syndication is giving up all control and USUALLY won’t qualify for a 1031.

Open single member LLC under myself and then put LLC interest in a trust so that my wife can gain control if something happens to me?

10yrs is a long time with a lot that can change outside of your control.

I you are switching to doing BRRR, then I think staying close to home makes the most sense so you can stay in control of the process. 

If the property is in the City of Los Angeles, check out Zimas.LaCity.org to make sure it isn't subject to RSO (Rent Stabilization Ordinance aka Rent Control). 

In a retail condo unless you have majority ownership you are not often the controlling declarant.You need to look at restrictions that might run with the deed, any REA association, etc.There is a ton of analysis that would go into if you wanted to buy or not the space you are in.

If it's rent controlled and has significant deferred maintenance, then shoot for less. 

This one is about as passive as can be, I haven't seen it in a year and only had a few texts from the tenants in the last year.in summary, my initial $30k that I saved from working/side hustles now controls a $2M+ 16 unit building tht cash flows over $60K but will likely net another $400k+ in a sale/1031x to something else.As you can see, the other side of my strategy is how it all ties together.

Prices in relation to rents are out of control, so shooting for a 1% rule just won't cut it.With that being said, you can still find cash-flowing properties in the surrounding areas of Tampa.

A family office has an in house CFO, controller and tax advisor who will figure out what the best structure for the family is.