I think what most clients have difficulty understanding in the beginning is the difference between interest rate arbitrage (which the income snowball is not) and what a cash flow momentum strategy is. 

I would think a lot more about the financial part of this.

Based on ones financial wherewithal this can be accomplished combining funds vs multiple individual syndication deals or both. 

Quote from @Michael Smythe: @Jerry NoguerasRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Like the world knows who the fund manager is for Bumblenard Financial is...

You hit the nail on the head...that's where the SFH to Duplex conversion gets financially unrealistic.

Consult with a qualified tax advisor who understands these limitations and can help develop a comprehensive strategy aligned with your specific situation.Remember: The best tax planning looks beyond immediate deductions to your complete financial picture.

Prioritize your financial stability.

While the initial years might not be financially lucrative, the knowledge and skills you acquire will be invaluable.

A true recipe for financial disaster.