However, you being added to the picture does make things more complicated and likely less tax favorable.

This can lead to over complication of the report and crazy detail that is not necessary.Home InspectionsIt is always a good idea to have a home inspection.

A partition action is a lawsuit amongst multiple owners to divide the property... can be complicated and, when contentious, expensive. 

Make sure that your project is within what the city deems as a renovation not as a 'reconstruction' which would then require structural engineers etc. and it'll get more complicated. 

My current budget is more determined by the amount I want to leverage and invest in real estate versus other asset classes (among other complications I won't get into).

They are very helpful on the phone and online chat to get you bulk pricing and to help you find the right product offering.I use their Property V4 Web API where I am able to send the addresses problematically then get the full deed and mortgage history returned, but that's probably way too complicated of a setup for just 1k properties. 

But I'm not really a tax expert.Asset protection is a complicated topic. simply having LLCs is not that meaningful.

(This suggestion of a "debt" position or note investment with the SEP IRA to avoid UBIT and UDFI tax is a creative one... but it’s a very low chance of happening because it’s just too complicated and honestly not worth the effort from the syndicators side.

Low-income housing is such a complicated topic.

@Sue Orr not very complicated if you read the post.