syndications vs long term buy and hold

[Todd Smith]

I curious what people think of syndication vs  individual buy and hold. 

 Thinking long-term, syndications are usually 3-9 years at most. This entails  extras fees( everyone needs to be paid) and tax consequences - both at the buy and sale on the roundtrip. I know the benefit of syndications are there passive nature. Does anyone know of syndications that focus on  long-term buy and hold, to limit  fees and taxes, while maximizing long term gains and cashflow? 

Obviously, buy and hold limits the size of the assets, but one has control of the assets as well.  You can also limit the leverage(risk/reward), but at the cost of diversification.

[Jay Hinrichs]

major issues are control..  one you own it yourself in complete control the other your relying about 99% on the sponsor to execute ergo sponsor critical to success