Also, one of the most often overlooked components of a syndication is the reporting.

If you know how to invest your money - whole life insurance is a rip off (it might work for those who have no idea how to invest or are unwilling to learn, so the forced saving component of the whole life insurance would provide them with so me benefits at the very high cost). 

Owned an auto repair facility with potential environmental problem.

Multiply that by 2.5  (can be between 2 and 3.5, depending on the particulars) and that gives you the value of the business component of the sale.

(B) a refusal to make reasonable accommodations in rules, policies, practices, or services, when such accommodations may be necessary to afford such person equal opportunity to use and enjoy a dwelling; or(C) in connection with the design and construction of covered multifamily dwellings for first occupancy after the date that is 30 months after the date of enactment of the Fair Housing Amendments Act of 1988, a failure to design and construct those dwelling in such a manner that--(i) the public use and common use portions of such dwellings are readily accessible to and usable by handicapped persons;(ii) all the doors designed to allow passage into and within all premises within such dwellings are sufficiently wide to allow passage by handicapped persons in wheelchairs; and(iii) all premises within such dwellings contain the following features of adaptive design:(I) an accessible route into and through the dwelling;(II) light switches, electrical outlets, thermostats, and other environmental controls in accessible locations;(III) reinforcements in bathroom walls to allow later installation of grab bars; and(IV) usable kitchens and bathrooms such that an individual in a wheelchair can maneuver about the space.(4) Compliance with the appropriate requirements of the American National Standard for buildings and facilities providing accessibility and usability for physically handicapped people (commonly cited as "ANSI A117.1") suffices to satisfy the requirements of paragraph (3)(C)(iii).(5)(A) If a State or unit of general local government has incorporated into its laws the requirements set forth in paragraph (3)(C), compliance with such laws shall be deemed to satisfy the requirements of that paragraph.

Each water/sewer connection pays an environmental fee of $20,000.2) every unit on any new build must have at least 1 garage3) every new build over 2 units must have sprinkler systems4) every unit on a new build must have a minimum yard size of…And so on and so on and so on…Don’t get me wrong, I’m all for people building any residential on their land and maybe government can jam stuff down smaller governments throats.

You are missing a key component.

Maybe if I write it out a bit, I can see this more clearly.If the 401k allows one to pick a target date fund, say VTTSX, there are three components to our gains: the annual yield (1.9%), the Fund gains (performance, ~7.68% yoy for the years it has been in existence) , and your match (100% per contribution from the get-go). 

As Bruce noted, but I believe it goes to another level, syndicators that don't OWN their management, asset, property, AND Construction (assuming there is a renovation component to the business plan) are going to face trouble.Asset managers can only do so much if the property manager hasn't been controlling expenses.  

Are you wanting to truly be passive and hands off or have some type of active strategyIf you want truly passive then investing in something like a fund would be something to look into and if you wanted to have some active component the.