Meaning, I think you have to choose your path a priori of either focusing on direct NNN ownership or get a slew of diversified DSTs.

They paid about 90% of their first months rent after my ownership (after a lot of follow up on my point) and never paid another cent.

They informed me that there was roughly $5k of past due assessments from before my ownership. 

Based on what you wrote here, I think the lesson should have been to not chase a specific number of properties, rather chase a specific number of dollars.The lesson was to build some sort of active income within real estate through lending, which I'm currently doing, rather than chasing ownership of rental properties. 

We’ve experienced situations where investors came to us from other property managers or when properties changed ownership, and it took about three months to get the funds dispersed into the right accounts.That said, it can be worth the hassle!

If you control for similar assumption theories in your model relative to "typical" value-add syndicator, you will likely see higher returns from SFRs.Randall lists a lot of risks that come with with syndication investing versus direct ownership.  

Maybe a blend of the two and sell the kids 1/2 ownership of the house?

Or does each LLC have a 50% ownership in the "holding" company? 

I'm receiving an ownership share and a return 

There are some forms of income that do not require any receipt to use which are some of the above (full time job just offer letter or ownership of newly acquired rental property (lease agreement + security deposit/rent proof only).If you dont plan to go back to full doc then stay in the no income/state world and the premium for these products varies between 1-2.5% higher than full doc fannie/freddie/FHA/VA rates but pros and cons right?