The sponsor is likely suggesting that your monthly cash-flow will be shielded by depreciation and you will likely see your 'tax hit' when the syndication disolves which in industry standards is likely 5 to 7 years.

Even the most expensive property managers are EXTREMELY cost effective if you really think about it!

I highly suggest you go.And it's VEGAS!!!

I’m not suggesting anyone discriminate against anyone but if there’s red flags initially it’s most likely going to get worse once you’re living together.

Some great discussion and suggestions. 

I would prefer to sell the property vacant or the easiest less stressful way as possible, however I was advised that could deter investors buyers interest as the rental income is a one of my strong selling points.I am open and would appreciate any thoughts and/or suggestions from fellow agents or investors alike.Thanks in advance;)

That is the basic run down, I would suggest syncing up with a real estate knowledge accountant for your specific situation! 

I believe in this so strongly that I have even once confronted a large advertising client about this issue when I discovered they had language to this effect in their terms of use in the past, and asked them to change their policy, at risk of material revenue loss to our company.

Personal usage will negate the losses from the cost seg in the first year, so we suggest avoiding it.

I suggest 6 months of expenses to keep in cash.