You might want to check with the syndication and your chosen tax pro to see if avoiding UDFI tax is as simple as switching structures.

I do not want financial reasons to dictate where and how I work and serve others with my doctorate, and I have found that my results driven, analytical, and entrepreneurial mindset are not well suited to some aspects of my chosen career path. 

The difference between a real estate agent and a Realtor is that a Realtor has voluntarily chosen to join a professional organisation of Real Estate Agents that governs their behaviour with very strict codes of ethics and best practices.

It takes forever, and a mountain of paperwork from us as the borrower as well as from the chosen General Contractor.

There have been several houses I've chosen not to pursue due to high voltage wires in the vicinity, and subsequent strong EMFs. 

We've used and been happy with Tanner Ballew and Maloof insurance -- they can insure nationwide.We've since moved to a broker with Assured Partners who lives in the area in which we've chosen to focus. 

We bought our properties, built and tested our systems, expanded our network, and now - we offer that as a package to a chosen few landlords who appreciate good property management.

Where the Bible says "Many are called, but few are chosen" (Matthew 22:14), Mainers say "many are cold but few are frozen". 

If you've chosen a savvy LO, they are your ally for just such questions. 

Managing properties in D neighborhoods is harder for three reasons:1) neighborhood blight - constant litter, vandalism, police apathy, petty theft, enviromental hazards2) tenants have ZERO access to savings or credit in case of emergencies.3) property condition- It would be unusual in this asset class to find a property that didn't need work-- probably a lot of work.Notice I did not say "bad tenants" and I have chosen a few real doozies but you can get those in any asset class.