As a first time syndicator which is smarter (better for the syndicator: maybe better for track record purposes, more $$, easier to control) for the syndicator, TIC or equity partner in LLC?

Mainly, the systems implemented are fascinating (VA, automated offers, etc.)

Mainly, the systems implemented are fascinating (VA, automated offers, etc.)

@Kevin Burton usually main other way is using a partner 

Mainly, the systems implemented are fascinating (VA, automated offers, etc.)

IMO it defeats the purpose...just use conventional at that point.

The Banks sole purpose is to make you broke  and for them to make alot off your money. 

Im seeing very little in the way of cash flow properties but wanted to seewhat you all though about my inputs.Im making a few assumptions mainly looking at multifamily up to 4 units with 10% down (I know this is low but I've found banks that'll do that in my market for properties under 500k) then I account for maintenance/debt servicing from past experience (wondering if people have a better way that would take into account property age and condition for maintenance estimates), finally I set vacancy at 1 month a year (not sure if that is reasonable either). 

In a town with lower incomes but two blocks from main street with shops and restaurants. 6.

Well here are few that I can think of:- You are an Accountant - who views the reports once a year to do taxes (That is it)- You are a Bookkeeper - you want to do the data entry because it does not make you money- You are a DIY QuickBooks user - who will surf the internet and YouTube for answers and not have the full process, procedure, and solution- You are a CFO - review your financials every day or week, depending on your business goalsNow let's get into the nitty-gritty:- You as a business owner should look at your reports by each property and unit- You should compare your Profit and Loss by:----- Month----- Quarter----- Year----- Previous Year Comparison----- By % of your Income ----- and the list goes onNow about your Equity - view your Balance Sheet and see the difference from previous year how much money you paid and received by improvements and loan, the personal money you invested and more...If you are looking at keeping the books for tax purposes and IRS, as well as use paper and pencil.