I would make the distinction between a high crime area and an area that has been abandoned with row after row of abandoned properties slated for demolition however both would have challenges to an investor.

Because Texas with its distinctive culture and its size, is a very influential state in the country n it tilts to the right n liberals don’t like competition, so they would love to have Texas go the way of NY and CA, they would love other states too but Texas is the big prize.

If this has inspired anyone to look further into the program, there's one more important distinction between the two programs: ease of recruiting tenants.

In the other half, escrow and title are distinct.

So now you have three syndicated deals, one each per market, in three distant and distinct markets, right? 

I know some zoning codes don't make a distinction between the two which is a bit unfortunate.

@Linda Weygant @Kevin Coggins  when he mentions negative gearing that is a distinctly Australian term.. for whatever its worth you will not hear US investors mention that or even know what it means. internet is a wild thing.. when you can create all these persona's.

There is some value in placing each property in a distinct entity.

I think you have two very distinct things going on here.. you have folks that have no real formal real estate training and they are simply investing in rentals.. and then someone like me who is in the business owned real estate companies owned mortgage companies own's a building company .. and HML company.. all related to real estate but not one dime comes from rental income..

Today, it isn't as much anymore because Salaries have stagnated for about 30 or so years, especially if you look at Buying Power over the 3 decades.I want to make a distinction between PAID education and FREE education (or almost free).