Personal usage will limit the loss in 2023, as mentioned in the reply.

It's very limiting to only be able to rent 3 months or more minimum.

In 2005 I began a second fund with the same criteria, and similar results.These funds were finite life 3 year funds; the original fund was renewed twice by a vote of the investors (unit holders - limited partners) and the second fund renewed once.  

The Exchange Accommodation Titleholder ("EAT"), often a sister company to the qualified intermediary, will form a single-member limited liability company and disregarded entity or ("SMLLC") to serve as the lessee.

(ATTOM)While specific monthly foreclosure data for Maricopa County in 2024 is limited, earlier in the year, in April 2024, the county recorded 281 foreclosure starts.

They make you pay 85K as what they call "your Limited Partner contribution" in your first deal. 

So, that makes a BIG difference in How you scale and what your personal “upper limits” are.  

Of course, it's for a limited time only, then they are going to "shut off the Gator Method" for about a year. 

It’s a remarkable story of resilience and pushing the limits of the human mind.

You may pull it off.Still, there's something to be said for the critical mass, many baskets, safe-if-boring neighborhoods.