You'd need a JV partner and they would probably want to take control of that project. 

The lone exception is rent control type regulations and/or affordable housing requirements.

These areas might provide higher returns due to lower initial property costs combined with tax savings.Rent Control Laws: Be mindful of local rent control or tenant protection laws, which could limit your ability to adjust rental rates or manage your property effectively.7.

If you’re taking over their payments but not transferring ownership yet, they may still have control of the policy.

The part they typically miss, however, is the "control everything, own nothing" aspect.The purpose of a business entity structure is to protect you and your personal property (estate) from the liabilities of your real estate investing business.

I don't like the lack of control of any passive investment whether it be stocks or cryptocurrencies. 

I don't advertise on Craigslist and FB marketplace-I rely on word of mouth  so people know before they come to my house they WILL be tested multiple times a week and WILL have to go to AA meetings, do their chores and be a TEAM player with the rest of the house. 

Also, you do not control it inside a syndication, it's decided by your syndicator.And there're several other complications we're not discussing here.

Engineering , permits , stormwater management system , clearing , reforestation fee , sediment control , and landscape bond , all this would run you around $175K .

For something like a mailed money order, I use the post mark because its a bright line and within the tenants control if they take it to the post office themselves.