Following is the code that is referenced for this.

Review Agency, review the Code of Ethics, look at your local and state regulations; then also tally the total expenses to carry a license...

Although personally I see syndications working better as a series of smart contracts whereby you send your Ether to the contract wallet and you have a system of payments set in the code.

The city will come out to do the final inspection to ensure the fixtures and everything is functioning correctly and up to code.

These are professionals with additional training and a stricter code of ethics.

I don't know for sure but my guess is having one thermostat for two units isn't to code, and if that is mickey moused together my concerns would revolve around what else is cobbled together DIY. 

I just rented it out for $1325 in 78721 zip code. 

I have seen it too many times that a building inspector finds existing code violations during construction and/or deficiencies that need to be fixed to close the permit out.

We got the chart from Arbor Trust Realty last year and Los Angeles is the number one city when it comes to Demand:Supply ratio due to the high barrier of entry to develop brand new projects (city regulations, archaic zoning code, and ever changing building code). 

What neighborhood of Milwaukee or zip code is this located and what is the ARV or comps?