Of course I do replace some items as a matter of practice.  

I have a decent property available in Hercules California if you’re interested I can send you the details

What you should understand is how those items that are "passed through" from the K-1 impact you from a tax perspective.You  can ask the syndicator for a sample K-1 (we provide to our investors).   

If HUD cared about the details they would have included discharge from military service within a year, or within 6 months, or made stipulations about getting orders etc etc.

I bought these items, they reviewed them, ran my credit check, and awaiting word of my mortgage approval.While we were waiting, I was told the property which I bid on, the bank had as REO for three years.

Looking to know every single detail about syndications and apartment rentals. 

Now the other property was 240k, however all major items were 6 years old. 

Travelers pay attention to the details and will rent what gives them the most bang for the buck.

@Mathew Wray I will share more details soon, still wrapping my head around all the paperwork, process, etc :). 

I've sent you a private message with some more details.