However make sure they have time to start and complete your project.Run a license check to see if they have formal complaints.

In particular the area along Lake Michigan on the south border of the upper peninsula is where I would invest.  

Same thing when the formal background check comes in.File this one under sociopathic liars: A tenant and his family that painted the property, stained the cabinets, installed a backsplash (all poorly done and without permission), removed a light fixture, spray painted the patio, damaged the new appliances, ruined the carpeting, and more.Our fault for not inspecting regularly, but the kicker was when I told the tenant I had before and after photos and would be pursuing legal action, the tenant actually said that all that damage was there when they moved in, and all they did was paint!

I think the odds are against a single small time investor with littlE staying power. now going into a syndication it is a formal rehearsed plan: the costs and problems have been researched, there is experienced project mgr hired and even lawyers on standby to protect the project, property managers ready to reminder, collect , evict tenants rightfully and plumbers, electricians, trades mens will all go to a syndicated project any day than a small time landlord to do business. 

They also may need to close quickly without all of the formal appraisals and inspection contingencies.

Hey Nitin- have you looked into Oklahoma markets right over the border north of DFW?

Having lots of LLCs can be a pain, and if having all those LLCs causes you to miss any of the corporate formalities, you may as well not have had that LLC.

Hey Mark, I am from the UP of Michigan right on the Wisconsin border.

I convinced the seller to pick us because 1) we were cash 2) I was a real estate agent and was willing to make it all formal 3) we shook on it.

It must be formally requested unless you have a very flexible person at the city or county.The forms are typically electronic and are on the website.