When done honestly and properly, syndication can be a great way to create and preserve wealth via passive income. 

We've included the link for more information: (link)If you are still worried of not being able to pay next month's rent or any future rents and have exhausted all your options through borrowing from family members or other, we ask that you please send us an email prior to the rent's due date explaining your situation along with proper documentation.

So anyone who owns them that hasn’t properly prepared with cash reserves will hurt the most immediately.  

I've been doing my taxes this way for a few years and I always feel uncertain if I'm do cost basis and depreciation schedules properly.

Things go wrong, if you don’t have the proper demeanor or team and you hate it find a pm.  

Grace but don't be too soft hearted - we don't run non-profits.I bet unemployment wont cover all their rent and food etc.. in my mind landlords should be coming up with a plan.. the we are not charity is not going to play well .. flip side is your investors you knew the risk you took counting on someone else ( tenant to pay your bills) thats why proper reserves are a necessity in the rental business.. for situations like this.. this should be no issue to a landlord who has proper reserves.. 

So then last point if you as a landlord cant afford 1k one time in the course of a year then your not properly capitalized and you might want to re think your safety nets. 

The management side will give you a better understanding of how to properly manage larger assets, while the brokerage side will help put you in touch with lots of valuable connections and also give you somewhat of an understanding of how these larger assets function.

If you dont have the money to pay an attorney to do this paperwork properly to protect you and your buyer and your seller then you should either partner with someone who has the resources you are lacking or even find a real estate attorney and offer them a piece of the deal instead of paying them a legal fee.

It seems to me that the majority of people who rent to pet owners do avoid the major damage if they are doing their own due diligence when it comes to screening properly, making your properties as pet proof as possible, quarterly or at least bi-yearly inspections, etc.