Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

@Ethan Borshansky, There was a brief period of time in the early 2000s when this type of "leasehold exchange" as described above was fairly common. 

It seems like a common challenge, and any advice you can provide would be invaluable.Thank you in advance for your help!

Its actually really common in my mind for real estate failures especially like these deals were you dont really have access to your money..

Most common is moving 100 miles away from the departing residence **for work**. 

A common misconception is that real estate properties under $1M have a smaller tax basis and therefore do not benefit from a cost segregation study due to the associated fees.

They will sometimes have a few of the more common types of amenities, and may or may not be professionally managed.

The actual benefit of syndication is only if there are special event where sponsor is so smart they can make 30 percent IRR in industrial space , but for multifamily no such thing exist ..also with common waterfall these days most risks are taken by LP investor while GP reaps the most benefit.The actual benefit of syndication is we make GP very rich lol

Personal guarantees are EXTREMELY common.

The idea is to convert a multi-family building into condos; but not in the traditional sense where you separate pre-existing apartments into their own condos; but in a way where you combine the common areas of all of the apartments in that whole building, and turn the individual rooms within those apartments into condos themselves; thus transforming the hallways, kitchens, bathrooms, living rooms, dining rooms, porches, balconies into common areas of the condos.