I do understand that if I am buying and managing the property myself, all my direct expenses to manage the business are tax deductible, but since I'm thinking of investing on a turnkey basis and planning to hire a property manager for day to day operations, following would be tax deductible as a passive investor.Mortgage InterestProperty TaxProperty Management FeeDepreciationInsurancePossibility of 1031 exchange (Future)When investing via a real estate syndication as a limited partner:20% of the pass through income from the LLC is tax-deductibleThe Syndication LLC obviously would be taking the tax benefits of depreciation, property tax, mortgage interest deductions etc., but as a passive investor, is it more beneficial to invest directly in real estate than investing via a syndication? 

I hired him because I was looking for a "peace of mind". 

Hire other trades to get the project done faster.

Most owners listen to my 5-minute elevator pitch and hire me.

Should I be looking for one GC to handle the process or just hire individual subs? 

Since you can probably fix a lot of things yourself you may also save yourself the overhead of hiring handymen for every little thing that goes wrong (which can definitely kill your return).

Hiring a 203k Consultant is NOT optional on the Standard 203k.

We hired a contractor that patched our recessed light box in order to have a flush ceiling a few weeks ago. 

You usually can't serve them yourself - you can get a friend, hire a server, or pay to have the Sheriff do it.

They hired and gave keys out to multiple dog walkers.