It's a great strategy if you want to preserve your time.

For me, that will be a syndication opportunity, but you are welcome to interpret that as a buy and hold, BRRR, flip, or whatever other strategy you use.Risk — Preservation of capital is my most important objective for this investment because I need to know the funds will be available when the capital call comes in for the syndication.However, to truly preserve the purchasing power of my capital today, it needs to be invested in something that returns a rate greater than or equal to the inflation rate.

Tim Gordon  I hear ya... but you do want to preserve your character and business reputation.

I just attended a 1 1/2 hour spiel at the local library from this loan modification company called Home Loan Preservation(HLP).

There are companies that do property inspections, property preservation, securing properties, etc. in all 50 states.  

As the cost of living rises, so too can rent and property values, helping preserve the purchasing power of your money.Cash Flow: Even a modest cash flow, when combined with appreciation, tax benefits, and principal paydown, can result in a decent overall return.Tangible Asset: Unlike stocks or bonds, real estate is a tangible asset.

It is definitely something that comes with a massive responsibility because you are dealing with millions of investor capital, and it is your duty to preserve, protect, and grow that investor capital as a syndicator.

My priority is to preserve the 1031 exchange and to continue deferring the capital gain taxes (both federal and CA state). 

if it doesnt make the deal work, then walk away.but that fact you have someone willing to loan you money is huge. and those relationships need to be preserved. 

That said, I'm sure it's possible somewhere but the reality is that being FHA approved really only helps the association and its members and the Board has a fiduciary responsibility to maintain, preserve and enhance the value of the association.