In our client’s experience, landlords often receive only the government portion, not the tenant’s portion.

We list what we include and do not include in the text portion of our advertising.  

Sorry , a bit confused Ms dillon, trying to learn more about syndication, are you bringing 50% of the capital for the down payment to buy the property and your partner the other 50% and they are getting the loan for the debt portion, hence getting 50/50?

Depends on the size of the job, but I am a big fan of a draw schedule where the first draw is after the demo phase. 

The early portion of my career was buying turnkey rentals, like the one you described. 

Even accurate estimates don't bear out on a small sample size.

If they’re selling for a $400k+ gain they could look at a 1031 for:A super nice 2-4 unit they wouldn’t mind living in a unit of where the rental portion exceeds their 1031 sale. 

If house hacking, allocate expenses between personal and rental use to claim deductions only for the rental portion.

The account does not have to be an interest bearing account but if it is, then a portion of that interest earned has to be returned to the tenant annually.

On our higher end houses we put stackable in our primary walk in closet I did this in the home I built and live in although mine are stacked they are full size not a combo unit.