No issues yet.

Does anyone know if feedback has been provided to the issues regarding outdated data? 

@Shawn ChervinskisSee Section 408(b)(2) of ERISA for more information on this exemption.The office space or services are necessary for the establishment or operation of the plan;The contract or arrangement under which the office space or services are furnished is reasonable; andNo more than reasonbale compensation is paid for the office space or services.Regulations issued by the Department clarify the terms “necessary service” (29 CFR 2550.408b-2(b)),”reasonable contract or arrangement” (29 CFR 2550.408b-2(c)) and “reasonable compensation” (29 CFR 2550.408b-2(d) and 2550.408c-2) as used in section 408(b)(2).

. - choose another RE related syndication to join as LP   I have this goal in spite of my first re syndication in danger of loosing money.Apparently not impressive on my goals.  

I would start simply by issuing the tenant a written lease violation warning for denying access to evaluate any potential issue.

I am considering starting with Staten Island and Long Island, as they seem to have relatively lower barriers to entry in terms of pricing.

I have done general searches for the surrounding cities before, but I am relatively new to the area (as opposed to me having lived in the DFW area for over 2 decades and having particular areas I plan on investing in).  

The best way to be certain of market rents is to work with an experienced local property manager and have them go through your property and give you the market rents and what/if anything you could do to improve the property and rents.Short of that, look at similar rentals to yours that are listed and use a comparative market analysis method to determine market rents.Really recommend working with a local property manager for making your ownership experience as passive as possible, for compliance issues related to renting, and to help you scale to more properties leveraging the property manager's time and experience.To Your Success!

If your co-worker is open to discussing the issue you should write down your questions and then ask to set up a time when you can have an uninterrupted conversation.  

There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.