Why should a person buy a syndication property thru DST middleman when they can save on not paying any syndication fees and cash flow haircut by identifying properties themselves with 1031 money?

You can try and use LTRs at a 25% Haircut to reduce your DTI but since LTRs arent on your tax returns, it may not work. 

Ignoring the morality of the situation, you've still got to look at it from the seller's perspective- they're taking a $40k haircut the day of closing.

@Lee StephensNow that you locked the place under contract and given the things that need fixing, can you ask for a significant haircut?

Regardless of your ultimate decision no point in listing this second, you are just asking for a big haircut.

The lower-income people who lived in these communities were beneficiaries of depressed prices, which allowed them to live in an otherwise unaffordable area at the expense of people who had to take serious haircuts on their housing prices.

The bank has little incentive to run on it because they're taking a haircut, and you can almost guarantee there are some feelers behind the scenes to see if the property can be had for a higher price, such that you'll walk and they'll sell for more.

Amazon, can't deliver a hair cut, manicure, tire change, root canal, foot massage, six pack of beer(actually they can, just not as conveniently as the old corner store), Big Gulp, pizza, etc, etc, etc....YET!

You could take a haircut and find a 35 - 40 hour week with less stress and more free time... maybe change jobs/industries all together and go work for a Property Management company or a real estate investment firm if you can find one... lots of paths.What it sounds like to me is you simply need a new job.  

The only time anyone has told me – without any prompting or context –that he was “a good Christian”, it was a “handyman” in his mid-twenties with a troubling hair cut and a two door car.