I appreciate the lengthy post, but this was not what I am referring to.

Pooling funds with other investors allows access to larger properties, offering potential cost efficiencies such as lower per-unit expenses, professional management services, and increased purchasing power for property improvements.Diversification: Multifamily syndication provides an opportunity to diversify your investment portfolio beyond traditional assets like stocks and bonds.

If you haven't used them before, make sure to vet them thoroughly and check with their references as well as making sure they are licensed, insured and bonded (depending on the state your in). 

A pre-existing structure will mitigate a lot of the issues Becca, above, mentions - particularly with zoning and permit which can get expensive and be a lengthy time-process (time is money).You'll need to find a boots-on-the-ground or a contractor that can handle multiple units - you may be able to find this resource through vetting a property management company or by joining social media groups for investors in that area.Always work with licenses, insured, and referred folks - from the contractor to the realtor to the PM etc.Best of luck to you!!

Real Estate is part of your overall investment portfolio, just as cash, bonds, annuities, and all the like. 

you can make potential tenants answer questionnaire about waste practices and then put in appropriate clauses in your lease. if they are going to generate haz wastem you could require a bond or L/C. that should cause the more careless to look someplace else. 

With conventional IRA you can only invest in stocks, bonds and mutual funds, where most of us have very little or no control.

The reason I ask is that there are many financial advisors that will naturally want to steer your investing towards investments that they know and understand best (stocks, bonds, ETF's or REIT's). 

My girlfriend and I have just started corporate jobs at high salaries and would like to be a part of the FIRE movement.We've been interviewing financial advisors and all the ones we've interviewed look down upon real estate as a viable long-term investment strategy and choose to promote stocks and bonds instead.Can anyone recommend a good financial advisor or financial services company in Houston that is pro real estate?

If so, besides a broker's license, you're must be bonded as well.In my case, the entire rent checks are issued to myself.