And since you actually own a deeded % of the real estate itself, if it's debt free that's one more layer of risk eliminated. 

To add the layer of syndication versus just keep transacting there has to be large upside to it.Now there are other syndicators that come from low paying fields or jobs making only 40,000 a year.

That's adding a whole additional layer of complication though and I'm not sure it would be wise. 

This means they are simply a processing layer, and do not act as custodian. 

Having family in your business could add another layer of complexity you may not want.While I have not personally had any issues partnering with family, I did have an issue with a partner on my first deal.

I felt it was a huge advantage to have a base layer of knowledge beforehand and it worked out well for me. 

I establish the LLC in Texas and use Trusts to implement the layer of anonymity that the Wyoming LLC is so famous for.

Such custodians will hold funds, sign documents, issue expenses and receive income on behalf of your IRA and act as your processing layer.

There are multiple layers to this but I'll explain a few. 

Secondly - a few layers of sheetrock and a couple of upgraded doors is pretty cheap when we are dealing with people's lives... why wouldn't you want that?