This is also my issue recently on BP.

Both times the tenants had renters insurance in place which took care of the issue so my client (the landlord) did not have to get involved nor make a claim on the landlord policy.We are very much in a hard insurance market right now - many carriers will not accept a new policy from you if you have a property or liability claim within the last 3 to 5 years (depending on the carrier) so you really don't want to make a claim right now if you don't have a large loss or can get it sorted yourself.

I will manage the property but having issues marketing on furnished finders without being the property's owner.

This will assist in locating any possible problems that could need to be fixed right away or have an impact on the property's long-term worth.Note that each real estate venture is distinct, and there can be particular factors to take into account given the Chicago real estate market.

You run into the issue of one leaving and them bringing in a new roommate. 

A syndication or fund should have plenty of other issue, such SEC filings, accounting standards, actually being able to manage the business, actually running the business...As for credibility, a real estate license doesn't add much, in my opinion. 

The avg review rating only would matter if you see a cluster and then read the reviews to see what the issue was. 

How long you've had the properties and what the biggest issues were?

I’ve also read a way PMs get around this is by only putting 3 on a lease and any others as occupants which can cause issues with eviction.

For example, a sandwich lease carries some of the same risks that any landlord faces, what I call the tenants and toilets issues.