Hello @Calvin Maranville, I totally hear you...working with “mom and pop” property managers can work to some degree, but having systems in place makes a huge difference and really smooths out the process.

We've spent a lot of time looking at deals and potential structures - literally 15-20 hours per week for several months - however, we sill haven't pulled the trigger and done anything because we are afraid of the registration and licensing process.

The advantage goes to those who understand both its capabilities and its limits.If you’re interested in deeper breakdowns, examples, or ongoing discussion, feel free to check out my blog posts and message me directly if you want to learn more or continue the conversation.

My hope is to own a rental property that doesn't require regular ongoing maintenance - Because I'm new to this, I'm not entirely sure how syndications work and would prefer to start with something that I can understand a little better (or learn relatively quickly)Low maintenance => Class A property, but unless you put more than 20% down, they won't cashflow for 3-5 years.

You also need clear processes for documentation, inspections, renewals, and notices.

We used to buy a lot of CFD's pre-covid, I stopped buying them several years ago due to ongoing legal issues with states along with property conditions and borrower credit continued to decline so now we stick with traditional mortgages.

The original poster is spot on.

Strong underwriting, clear default terms, and proper insurance are important so you’re protected if things don’t go as planned.If you value a clean exit and zero ongoing involvement, traditional financing has its advantages.

Here is more detail:https://www.biggerpockets.com/forums/51-tax-legal-issues-con...And here's a helpful look at what you get by hiring a tax professional:https://www.biggerpockets.com/forums/51/topics/1088325-expla...If you feel confused about what tax benefits are available to you, sometimes one consultation is enough, as opposed to an ongoing engagement.

The process is very easy on https://inbiz.in.gov , it takes maybe 10 minutes.