I have never invested in syndication.I understand diversification in different asset class (precious metals, real estate stocks etc).

Save for some unusual complications, you seemingly met all the conditions for your tax benefits.Now, to traps and gotchas.Trap 1.

We met ALL of the criteria for our private money lenders being 'Friends & Family' and they all have agreed to receive email communications from us.

Metal trusses and roof.  

I have inexpensive but nice looking wood beds with separate heavy duty Zinus metal frames dropped in instead of the wood slats that came with them.

I got a quote for 8K sft retail from a construction company for around $120/sft, this includes site prep, utilities, metal building erection, exterior finishes, interior insulation etc (basically build the shell from scratch).

Sometimes they still have the garage door and drywalled the inside... meaning that they did not do a foundation on the garage door line : they did not use a deputy inspector, they did not use the appropriate hold downs (metals) for structural integrity, they did not use the right calculations for framing (ie rafters for ceilings ) that are often changed in a garage conversion... did not use proper headers for windows and doors... etc etc I have been faced with these a lot when representing the buyer and I would : 1.

It would make more sense to build with concrete or block and have tile or metal roofs than standard stick built with asphalt shingles .

Metal frame and solid wood.$59.95 Instant Vortex Plus 4qt Air Fryer - https://www.amazon.com/dp/B08R6KMBQT?

It also has a 6,000 sq ft metal building on it as well.