Wood doesn't really ever fail unless it's been compromised by cutting or moisture.

I am now leaning toward looking for compromise where we look for a cheaper Seattle property that has the potential to add a bedroom or a bathroom to improve its value.One (perhaps foolish) idea I wanted to put out here was if anyone had experience planning to refinance after forcing its value to increase via a strategic rehab, with the goal of recouping some of the capital that went into the rehab?

I'm just saying that the tax implications of investing with a syndication vs. buying onesself are huge, and one should be aware of that major compromise.  

Usually, you'll need to compromise on something in order to get started, and maybe trade up later to something more expensive. 

So maybe a compromise could be increases every other year, to help resident retention or smaller increases each year.

I prefer to not compromise my screening criteria/standards.

Over time, this continuous decision-making process can lead to decision fatigue, where the ability to make sound judgments becomes compromised.

If you're willing to compromise on $30k/annually up front, but scale.

As a compromising you could swap out the queen in the master for a king and leave the rest. 

As long as you never sell your 1031 is never compromised.