Supplement this far simpler entity approach by ensuring you have appropriate types and levels of insurance, you operate your business in a manner in which your conduct is not considered an exclusion in your policy, you work with licensed and insured vendors, you execute contracts with indemnification clauses with these same vendors/ require additional insured status &  maintain appropriate licensing and permits.

So, we have to "hope" they have a very high integrity level.

As a wholesaler, having the first look at a property is a cool perk of the skill set. checking to see if the numbers work comes first, but secondly if not first part A, how will the property be managedAnyone investing in multifamily out of state, what’s the difference between the different amount of units?

Sure but that would go for almost any level of opportunity cost.

An inspector can also evaluate at a surface level the structural integrity.

If they have trouble with making rental payments, they need to start improving their skills and look for a higher paying job or double down and get two jobs.

It’s what I used to do for family and business partners—helping them set up projects to scale and run efficiently—and I’m excited to apply these skills to my own portfolio.Let me know if you’d like to connect further and chat about ideas or collaborations.

It is a great business as long as you have some level as scale.

Maybe not but I suspect he is not at my level well over 3000 fundings in 17 states of this exact type of home.. but its good you doing your due diligence and getting both sides of the coin.

Quote from @Rud Sev: Hello,I am new to the world of syndication (LP investor) and want to understand how taxes at a high level for syndication as LP before asking individual specific questions to my CPA.Notably, I want to understand how preferred returns/cash flows are taxed, if at all, until the amount invested has been returned.