It might be a good time to evaluate 2 things. 1) What are the risks of your company going bankrupt (at which point your 401k disappears); or the stock market losing your money in a recession, depression or government default before you are 59 1/2, as opposed to taking a 10% penalty and having the money free and clear?

Otherwise, I'd say it makes sense to manage your own properties until it becomes such a task that you begin losing money due to opportunity cost.

I’ve spend years with wrong subs and losing money and over paying etc to get the crews that I have and even still today I replace guys at times.

@Kevin GlassbergA syndication is just a cool term where a sponsor / general partner / deal finder pools money from limited partners / those with money to purchase an asset that will provide cash flow and/or appreciation.Syndications can be in start-up companies, venture capital funds, stocks, bonds, or real estate.We are on a real estate forum so we can discuss real estate syndications.A real estate syndications big sell is that it is hands off for the investor who doesn't have time to manage along with access to deals that he/she may not be able to do on her own.The cons are that you lose some control along with having a hold period that is normally dictated by an operating agreement(illiquid asset).Best of luck

Maybe removing the third floor and giving the second floor very high ceilings wouldn’t lose much value and you avoid the elevator?

Holding costs: 15,000 projecting 3-4 monthsADU: 200,000Total: 821,500ARV: 900,000-1.1MCash Flow: 2,944COC return 9.4% but thats with me in one of the units losing 2,000 in rents.prefabs are cheap and fast but still good quality.

If you lose it you have to call them (sucks) and ask them to mail it to you (1800's style)Then, after all that, if you're looking to move property into an LLC, what *I'VE* done is had a title company do it ( though there might be other ways.

I realize that I will lose out on a lot of potential gains that the turnkey company capitalizes on, but weighing that against the time factor which I don't have a ton of.Thoughts on going with new construction?

I raised the rent on the under market month to month tenants knowing that in the process i would lose at least one low paying tenant.

The amount of money that you "lose" during that time is usually minimal and chasing after it isn't worth the stress that it causes.