Avoid multi family properties in areas in Cov and Newport that you would not feel comfortable walking through at night, which is most everywhere there except up on the hills.

@Stetson OatesIf you personally guarantee a loan it means you and everything you ownSo if xyz LLC fails to pay a loan and have a personal guarantee, that person can then Go after every other LLC and take assets from those (or anything personally you have - except possibly for homestead and specific items) - this is why we get personal guarantees on our loans we give out.

Except try to keep you out of trouble. ;-)

Almost all money you are paid is income anymore with only a small number of exceptions such as small amounts of money from a hobby.

of the last three deals I've submitted for review two of them have been excepted and one is this still in the process of having the appraisal done.  

I would close off the entrance except for your Italian restaurant, designated parking or valet. 

If that's the case, it may be simpler to just talk with the syndication sponsors to see if they'd make an exception for you.In general, mixing money across your natural financial boundaries has some risk, so creating partnerships like the one you describe should not be done without due consideration.

“Matthew Seyoum, Investment Strategist at RTR has provided exceptional support throughout my journey from searching for a rental property to closing the deal.

Hello Salvatore, per the BOI Small Compliance Guide v1.1:2.4 Who qualifies for an exception from the beneficialowner definition?

I'm referencing what is referred to as the "disregarded entity exception" or "Same Taxpayer" rule.https://www.1031.us/using-disregarded-entities-like-kind-exc...https://www.firstexchange.com/vesting-title-1031-exchangeIt would appear there's precedence for treating a single member LLC that's a disregarded entity for tax purposes the same as the individual in taking title to replacement property in a 1031 exchange.