I will use what you provided me with , do some research and execute. 

Someone who already has experience with larger assets, relationships with brokers who are finding deals, and the ability to execute. 

However, my wife seems nervous a little bit to have a lawyer as a tenant, concerning their may abuse their professional advantage, victimizing the landlord and leading us to a possible vulnerable situation, as they may pick up on any tiny issue to make a big deal.

You should also have all your ducks in a row for option #2, so you can execute quickly.

Cons are that tax credit financed properties are highly complex and take a TON OF TIME, with uncertainty of execution (waiting agency/local approvals, etc.

As I said, there are other ways but I’m going to guess the vast majority do as I describe.Education is essential and having ‘A Why’ is important but at some point you have to put the phone or book down and execute.

@Brandon Sturgill , @Caleb BrownI would try cash-for-keys, but - how do you offer/execute that when tenant just does not want to communicate at all. 

Just trying to make sure I understand correctly the benefit and tax consequences of multi-family syndication investments.Let's say you invest in a hypothetical syndication deal as a LP, ~20% IRR (2.5x multiple), 7% Preferred Return, Cash flowing from year 1, and exit in 5 years.and let's assume the sponsor executes perfectly to the plan. and you invest $100k in the deal.

Build passive income as well as active income.Now execute the vision!

Will I be vulnerable?