Thanks for your response Greg.

To be frank, if an individual does not understand their role, they are most likely going to squander the opportunity. 

The owner is responsible for any damage to the property that wasn't the fault of the tenant.

I do not see that really being beneficial with BP and other forums, for example here on bp I would say atleast 50% of the responses we see on things like IRA's, LLC's etc are really bad advice.

Less skin in the game & delegating responsibilities such as guarantee, GP equity with less scrutinyAs an LP who can only write smaller checks, why go with the GP who falls under the larger syndication category?

Unfortunately, most of the responses have not been recommendations.

We currently have one of our eight units rented to S8 tenants, and they are responsible for $600 out of the total $1200.

Long vacancies (6 months+), ridiculous turn times and costs, surprise add-on fees, several days to answer questions, and then responses incomplete.   

Responsibilities.

If they have 2 years remaining on their 5 year least then you could buy a business, then have the landlord not renew the lease and you still are responsible for your note terms.