As always, some bad actors cause burdensome regulations for everyone else.Per the Akron Cleveland Association of Realtors:"For example, in Cleveland, a local agent in charge must be identified if the property is not owner-occupied.

It was kind of a bad spot in my life at the time.

Of course there is nothing magical about a "syndication", it can be as good or bad as an investment in any other real estate activity.

They offer a $10K repair fund to fix damages in addition to SD plus warranty for appliance repair etc.I have no say in whom they choose to move in, whether there are animals, limit on # of occupants etc. they reserve right to inspect property so i have no idea if they can tell me to remodel, paint etc.does this make sense i have a vacancy coming up in October (bad rental timing).

I'm looking into 1/1MF, 2/1MF for now I feel bad about one property that I missed out on due to procrastinating.

A lot of investors have 10 doors, but 6 of them are bad.

Too bad we'll never know...

Huge counterparty risk, I am just working through a scenario where a correspondent HML in the midwest got defrauded from bad diligence and their funding partner is having to clean things up.

I think it's a gamble for someone 2000 miles away - could do well or badly.  

I received an email with pricing on both structures, prices are not bad, but do not include much, I still have to pay for a deed (quit claim or warranty) to transfer the rentals, register agent fee if I decide to open the Wyoming LLC.