The property should have more impact than credit for hard money, but if you have never used the company, you are probably looking at 14 pct and 2-3 points now.

Indeed, she goes into great depth describing the negative impact on both the residents of parks and the community at large.  

First - you have to mention what the syndication will do as that will have an impact on how you get taxed.Given that this is a real estate forum, it is assumed that you are investing in a syndication that will invest in real estate.Most real estate syndications purchase real estate in year 1 and have a plan of selling / exiting in year 5 or 7.Often times, the sponsor will get a cost segregation study which increases the loss on the K-1 presented to the investor in year 1.This may be important as it almost guarantees that there will be no taxable income from the syndication from year 1 to the year before exit.If the syndication does well and exits at a price more than purchase, it may result in a taxable income. 

Also check if there are any boarding house regulations in your area that would impact you. 

@Ram Gonzales IMO, the funding of such a structure is probably better directed towards "social impact" or "community development" investors.

While 1031 exchanges are governed by federal law, some states have their own nuances that can impact your transaction.

Each value add step in lumber is a doubling impact.  

While concerns about vacancies are valid, a great deal will often outweigh the short-term impact of a couple of months without rent, especially considering that it usually takes time to close on a property.

Thank you for sharing.Ironically, we have had the opposite impact from the poor management of IHA.

Did it positively impact your relationship with your tenants?