They are effectively like any other syndication (by definition they are a syndication), but put in place a legal ownership structure to accommodate 1031 proceeds.I understand why they have higher fees than the typical syndication, given the complexity in their ownership structure compared to a "typical" syndication.At the end of the day, any return from a syndication (typical or DST) is going to be primarily driven by market cycles.  

@Dawit Wo - looks like a decent deal on fees - I'd be able to accommodate the following for a DSCR loan at a 7.50%.

Now a good point though when their deals dont work do they change their lifestyle to accommodate the new reality ..

Income may be realized, therefore, in the form of services, meals, accommodations, or other property or in-kind benefits, as well as in cash.In your example however, we're not merely dealing with a timing difference. 

We want to accommodate this easily.Promoting the furnished rental on various sites, including nurse staffingsites, the MLS, FurnishedFinders, and others.Cost-effective local management to ensure that service issues are handled quickly and efficiently.

Add to that any tenant/buyer scheduling woes that would deter buyers from viewing the property at their convenience instead of having to accommodate tenant schedules (even if you're delivering it vacant, which is a big plus). 

There are plenty of tenants that can accommodate with a < 1 acre lot.

Many lenders want to see insurance in place as part of their "underwriting"Are all hard money lenders participating in this chicken vs egg challenge or are there some that use common sense and have adjusted their practices to accommodate the various laws throughout the nation?

If your budget can accommodate up to $700,000, you can afford to be in the Austin city limits in some solid areas.

I had quite a bit of money saved up from years of traveling and not really paying any rent as I was staying in hotels and accommodations paid for by my tours.