Finding a professional that understands how to help you minimize your tax liability while also remaining compliant can make a big difference.Let’s first start with the basics of understanding commercial property tax regulations.

My understanding is that it is regional travel, shopping trips, maybe some family events. 

I've been trying to get up to speed on tenants rights in New York, which can help understand what is expected of the landlord, but would appreciate some content geared to landlords. 

What is critical is to understand that two high-income earners cannot reduce their taxes by investing in traditional rentals.

However, these are roughly the same odds of having a terrible tenant totally trash the property inside of a rental.

Odds price doesn’t escalate?  

Hard to answer what to look for without even knowing what you're trying to insure - there are a lot of types of rental properties.Landlord and homeowners insurance is not the same though the types of coverage are similar.I understand your point.

Very fixable and doable, just something you have to know and understand going into this.  

With the advent in real estate syndication's of the unfortunate unplanned capital calls for limited partners I think this becomes more important to understand the nuances. 

The key is to build a well-rounded team where each member plays to their strengths and works together seamlessly to identify, analyze, acquire, operate, and raise capital for profitable multifamily investments.ConclusionMultifamily syndication is a team sport, and the most successful syndicators understand the importance of building a diverse and complementary team.