@Steve K. said it well.  

When evaluating long-term real estate opportunities, keep in mind the four key pillars of investing:Appreciation – Focus on how your property’s value grows over time.Cash Flow – Assess your rental income after accounting for all expenses.Tax Benefits – Leverage deductions like depreciation to reduce your tax burden.Debt Pay Down – Use rental income to pay down your mortgage, steadily building equity.Think of it like investing in a 401(k) with a long-term perspective—especially in California, where property values can appreciate significantly over time.

The reason the 1% ownership is being suggested, is that this would change the tax treatment from being reported on schedule E as a disregarded entity, to being reported on Form 1065 as rental income reported from form 8825, and then this would passthrough to the individual taxpayer on form k-1. 

Quote from @Greg Scott: Quote from @Erica K.: Quote from @Xin-Ran Jiang: But when they bring up the syndication approach of LP+GP, that they will help me raising 35% down payment from private money in exchange of 65% share of ownership, I shocked.

Because fact is your portraying to be one person here on BP, with a name here on BP, and from what I read REFUSING to answer to who in the F*%K you actually are.

Quote from @Jon K.: Quote from @Joseph Escamilla: Not looking to wholesale, but posting in this thread because I'm guessing wholesalers probably have the most experience with this.My Fiancée and I are driving for dollars looking to buy a primary residence in a neighborhood we want to live in.

.), and know how to put together a deal.As @Michael K Gallagher mentioned, you'd want to clarify whether or not your agent is also representing the seller.

MD.I'm in Moco tokRead through @Jim K.

As you’ve noted, any loan used by your solo 401(k) must be non-recourse, meaning you can’t personally guarantee it.

@Ian K. - We also have research on every publically available DST.