"Low" income though due to cash business... 

I want to replace my income within a reasonable timeframe, so I'm looking at a syndication mentorship with a "guru" who claims I'll close my first syndication deal on a commercial multi-family property within 6 to 12 months.

Families now have way less disposable income, I could go on, on this.

They'll need information on the deal (revenues, expenses, income, etc..), but they should be able to give you an idea of general terms (interest rate, amortization, fixed period, etc..) with some basic information.

Buying a property with existing tenants can definitely have its perks, especially if you're looking to hit the ground running with rental income.

If not, they’re fine keeping it, especially if it’s still generating income.

Hell Looking to understand and get advice if there are still accessible opportunities to grow wealth through real estate in the Seattle area (Seattle, Bellevue, Issaquah or beyond).Objectives: - De-risk income/wealth from my full time job - Grow wealth (property appreciation) - More cash flow (if possible)- Have somewhere to stay (myself and family) when I visit (why something like STR/corporate rental would be great - can have a spare few weeks here and there)I have a couple properties in the Seattle/Bellevue area.

However, financial freedom isn't just about replacing your current income.

Usual structure they recommend is the LLC and LP structure with a C Corp or LLC as the GP and myself as the LP to avoid double taxation.

If the rents end up being taxable in the organization, they'll actually be subject to maximum income tax rates very quickly - much faster than if you just did this personally.There are groups now starting with "socially responsible" investing - effectively a standard partnership/syndicate that is "investing for good" - that would likely be a better structure to avoid 501(c)(3) headaches in a for profit venture.