Since I put 5% down payment and $15,000 of my own money into the deal and it's been about 6 months since we purchased, I wanted to see if we could move PMI and extract some of the equity. 

But, what really makes me scratch my head is the fact that if the syndicator does not put in a meaningful chunk of their own net worth or a meaningful percentage of the equity, then there is almost no downside to them for raising this deal, other than perhaps their reputation. 

It is certainly our policy to try to assure any attendee will, in fact, extract enough benefit from what we teach to more than justify what we charge.I reiterate my earlier post.

I would keep saving, 10k isn't really enough to get a meaningful start IMO unless you plan on wholesaling

This is why the 1% rule is not a meaningful metric when you are comparing across markets.

If they say wait to extract highest I wish them well and bow out.

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The short answer: there's no meaningful difference between CPAs and EAs when they specialize in real estate taxation.Now, details.