Work hard and be niceIgnorance is the consequence of knowing everything (I just made that up)Contractors have more funerals, weddings and broken trucks than any other demographic on the planetDon't be sleazy (I just made this up, as well)

Consequently, you might want to try to salvage this deal and move on, fast. 

They are unprofessional and irresponsible, this stuff impacts us as landlords and has real-world consequences.

What are the consequences of simplifying the entity formation further by creating the Management Co as a child series of the Investment Entity?

Make sure you consult an accountant that understands current real estate tax law to evaluate the consequences of both scenarios.Everything else Jaron said is 100% accurate and this decision depends on what kind of investor you want to be. 

We ask people to use their real name.Having people rip on syndicators is easy when there is no consequence, and you can do it anonymously on Wall Street Oasis.Getting factual feedback with real people is way harder.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

If they are going to lie about something like this that has no financial consequence for them they are going to lie about other things. 

Instead of cashing out your IRA with the consequences of penalties and taxes, keep your money in your IRA and use it to invest.

There are a number of horrible agents I know (some with questionable ethics) that have cultivated Zillow reviews and can show 50 five start reviews, while some really good agents don't look well on Zillow at all, simply because they don't pay for Zillow and consequently do not cultivate the plattform.