For syndicates with loan maturities after 2030, they even have a shot at making a positive return, and perhaps even a decent one considering what they've endured to get there.Kicking the can down the road:  Owners and syndicators hoping they can kick the can down the road by negotiating loan maturity extensions are likely to be disappointed. 

Given you're in Texas and don't have a state tax return, it really opens you up to work with providers nationwide. 

Who is going to want to invest in a scheme of diminishing returns?

Include text so that states what will happen if the new lease isn't signed by landlord and husband such as the return of keys by all parties date.

This might not reduce your taxes, but it's a better use/return for your money than paying down a 4% or 5% mortgage. 

Every market in residential zoning has an expiration date, we just don't know what it is yet.The obvious solution is to buy in already regulated areas with tourist/commercial zoning.The returns are lower, but at least they can't go to zero overnight.

(If there is a PM, who will manage the PM and the oversight).Who will take care of the partnership return or forward the tax information if its a tenants in common property.Best of luck

@Nicholas DillonI concur with @Vessi Kapoulian comments.Promised or projected returns do not mean actual returns.

Rental income and expenses, such as mortgage interest, property taxes, repairs, and depreciation, can be reported on Schedule E of your personal tax return, regardless of ownership structure. 

But if this equity is really all you have for retirement do you want to give it for the sake of potential returns?