There is all the politics, misinformation, self believe, self preservation that goes above it.   

When done honestly and properly, syndication can be a great way to create and preserve wealth via passive income. 

@Ryan Groff as @Robert Russotti mentioned, downtown properties are required to maintain certain historic preservation requirements, which usually means not altering the street facing front exterior and/or sides.

The prudent thing to do from a landlord point of view is preserve cash that doesn't need to be spent.

You preserve the 1031 exchange, buy an investment grade asset that builds equity fast, and frees up some of the 1031 cash to then take time to buy what you want when the right deal presents itself.

If you are a busy professional and looking for passive income, investing in a syndication is a great way to create and preserve wealth via passive income and there are some great tax benefits as well.  

, FAR (floor area ratio which is the max SF for the lot), lot occupancy (how much area can the building take up on the lot), green area ratio or pervious surfaces (a lot of places now require soft scale or where water can collect and not drain to the storm drain), parking requirement per unit (can the parking be offset if near public transportation), affordable housing, any view corridors to preserve, is it a historical neighborhood, minimum size per unit, and any public enhancements required?

The advantage of this is it will allow you to defer paying your next month’s rent for the 30 day “float” period, and after that to only pay your monthly minimum, thereby helping you to preserve your cash during this exceptional time.

@John Morgan To survive as a landlord, we need to preserve cash and make those reserves go further. 

Servicer, MLO(if owner occupied), attorneys, realtors, preservation company if needed.5.