The tradeoff on the joint financing is going to be the (refi) costs associated w any transfer of ownership, HOWEVER transferring title to the LLC is unlikely to trigger due on sale (b/c it sounds like most banks simply aren't monitoring and/or enforcing due on sale in these instances) which would make the ownership (sans the actual mortgage note) more easily transferable than exiting your position as an individual owner?

In that instance, the framing of the question is no longer around whether you should have an LLC for a syndication, but should you have an LLC, or various LLCs for all of your assets.  

For instance, your rent may be $1000 per month and section 8 may only cover a portion of the rent, let's say $800.  

A recent article in the Remodeling Magazine (a publication for professional contractors) made the case that if you don't mark up your subs by 40% you might loose money as a GC.

For instance, if you make $500 in cashflow a month but you spend an additional $1000 for rent are you really ahead? 

It's considered one of the most dangerous neighborhoods in Nashville and there have been multiple instances of shootings in broad daylight.

For instance work clothes might be a legitimate business expense of a contractor, but usually it's not.

For instance I had a builder who was really up against it on 20 duplexs that were sitting.. these were 200k each at the time..

You don't often see this with banks, although their guidelines usually differ and in most instances offer lower leverage.

For instance, can I tell him that the policy is not for a full rental but for a partial owner occupied?