Most of our tenants are traveling healthcare professionals, so we’ve tailored our lease terms to meet their unique needs.If a tenant needs to terminate the lease early due to their contract being canceled, we allow them to break the lease without a fee, as long as they can provide proof.

I'm not going to ask them for proof, if we get to this point something was done wrong before.

Even though rates are high right now, there is an allure to variable rates every time rates are in a down cycle. 

You are buying at, or close to, the bottom of the market cycle for offices. 

—can also be acquired on an all-cash basis, but your initial outlay will be a lot higher, and leasing cycles will be longer and more complex than single-family.

Advanced asset protection via a complex entity structure is for most investors like wearing a bullet proof vest when grocery shopping.

Your lender may be looking at cash reserves or proof of funds.

If they have no proof that they notified you of the problems, then how do they justify withholding rent? 

Finally, your hunch is correct: when the syndication cycle closes, your past "free lunches" will have to be paid for, aka recapture.Here're some relevant posts from your favorite site:https://www.biggerpockets.com/forums/51/topics/839015-are-sy...https://www.biggerpockets.com/forums/51-tax-legal-issues-con...https://www.biggerpockets.com/blog/real-estate-professional-...  

Prime is currently 7.75% and likely to drop by 1-3% during this fed cut cycle over the next 1-3 years.