I have never heard of a "syndicator boot-cap" so can't speak to such. 

Not sure if Eddie Speed is still around and teaching out of Dallas, but I used to hear him speak years ago and he seemed like he is/was an expert.   

I can't speak directly in regards to the Memphis market but here in New Jersey, I actually do see a good number of them.

I know the podcasts and books speak about being in a deal with zero skin in the game, but that is an outlier situation not the norm. 

Generally speaking, you maybe able to do 1 JADU + 1 ADU.- 2 floor ADU is expensive and is tough to do due to the height limit.- Most people kept their ADUs under 750sf to avoid the impact fees- For subdivision, it wouldn't be applicable in your case due to your lot size.Feel free to reach out if you like to discuss in details.

Sounds like a lot of moving parts and hoops for the amount of tax savings, but that's just my risk/reward profile speaking.

I want to speak with the powers to be

Also I tried to find like minded people and have discussions with them, do not waste your time trying to convince others, let your actions speak for you.

I left numerous contact me letters to speak to the owner to discuss options and potentially cash for keys.

1) I'll put the summarized list of MP activities at the end, but generally speaking the way to think about it is: "Is this activity/task essential for the operations of the STR?