It should be—make no mistake, there are many people who have “lost it all” making bad real estate investments, both from poor decision making and market forces.The primary difference is that in a syndication you can suffer a loss as a result of bad decisions and fraud by the sponsor in addition to the risks of loss present in direct investing.  

@Richard LimaYou are making a great decision.

Here in CA once an offer is accepted Buyer has 17 day inspection period where buyers at their expense can have all inspections done, then request repairs from the seller (which they're not required to do), and then make a decision on whether to move forward.

The decision of what qualifies is your's and your tax and legal professionals. 

Experienced investors have typically been down this decision tree before.

I found all the information I needed to make a decision. 

Don’t make a major life decision on $2800 over the next year.

We ended up drawing high card and they said we had until that night to make a decision.

The OA sets the purpose of the LLC, who can make decisions on behalf of the company and other stipulations.I would hire a local attorney to set it up properly, otherwise you have wasted your time and money.

Hind sight reveals that our decision to keep it a duplex paid dividends, especially during the financial downturn of 2007 through 2010.We sold the investment (the highest sales amount at the time in the market) and pursued other Real Estate investments.