With the original mortgage loan the interest is fixed but compounded and over 2/3 of it is going towards interest each month, so I continue to make barely a dent in the principal. 

So you miss out on market participation.

A properly structured syndicated offering will be an LLC as is, therefore, from an asset protection standpoint, there is very little point to forming an LLC just to participate on the LP side.Now, if you are trying to pull partnership money and charge the partnership a management fee, which sort of makes you a feeder fund into the syndication, then there are a whole host of questions for an attorney. 

As things moved slower and maybe missed out on some good tenants not wanting to participate in that process.

Some Help: Even when you can barely afford it4.

The IRS sets the rules, and they are available on their website:https://www.irs.gov/retirement-plans/plan-participant-employ...

Search the lender for deeds of trusts and you'll see if they do business.BTW, any entity that offers or requires a participation in profits that is a lender is looking for trouble, this type of deal should not be made from the position as a lender but as an investor through a non-lending entity or individually.

If the house burns down, we'll just take the insurance payout, payoff the mortgage, pocket the rest, sell the bare dirt for ~nothing, and walk away.

A few of ours barely have an accent (they studied here for years).They are trained for level 1 support and filter out 95% of common issues for us, the other 5% go to management here locally to handle.

I have a question.......Are stairs in a unit usually load baring?