My biggest fear with the syndicate is the length of the and lack of control.

Just because you don't make any money on them, doesn't mean you aren't responsible, along with the source of the actual plans, for any mistakes in the plans, or even any mistakes in construction from lack of info, misunderstanding, or just plain stupidity of the builder/user of the plans.

Plus all apartment complexes that rent to students offset the lack of tenants for 3 months during the summer by putting a premium on their rents.

I am scared to pay for the lack of interest. 

I also lacked the accountability to do what needed to be done.How do you find your Jake?

That has been on my mind lately.If it is related to note investing, my question is, people complain about lack of inventory, but when inventory comes out, we rarely see people bidding on assets - so are people actually investing?

There is a lot of pent up demand due to high rates and there is still a major lack of new supply.

The lack of depth for frost protection is a critical area of concern. 

Is it worth the lack of protection?

I would probably start monthly or bi-weekly "safety inspections" to A) document any lack of evidence of risks/issues to the tenant's safety to be prepared to legally defend yourself in the future, and B) to monitor for new/worsening damage to the unit.