but, I personally find it unsatisfying and frustrating to have someone start a thread about them investing in RE syndication and asking other investors experience only to find that they have started the same exact thread many times in the past AND  after my exposure to their post....and then to top it off they are not even really investors, nor are they really going at the topic from an investor mindset, but, rather have a purely 100% ulterior motive of promoting their own syndication....AND to add injury to insult, they are really horrible garbage investments.My opinion of most accredited investors, is that trust is a key component for them, when investing in Syndication. if the networking technique is disingenuous, it just comes off as corny-time-share-tactics-manipulative base level conduct that is unappealing, untrustworthy and wastes time.I will say that all your points of essentially "caveat emptor" regarding ones own filter for things anywhere on the internet(including BP)are true, but, the benefit of micro-social media- climates like Bigger Pockets is that you get the benefit of other like minded, maybe even I dare say "smarter than me" individuals, weeding out what is the inevitable dissent into Craiglistification of said micro climate...meaning that eventually if all the post, or some critical mass of the posts, become of the aforementioned disingenuous type, the benefits of the this type of forum become less evident or more cumbersome and timely to get value from, and maybe even have negative return on time-equity.....IMHO

If that is right what do you see as the main benefits of a GC license?

The 2nd building benefits from a right acquired since its construction.

They are responsible for maintenance and payments, and they come away with a good profit when they decide to sale (after at least 5 years).I know one of the strategies for benefitting your children is to buy a house to be paid off when your kid turns 18 and sell it to pay for college. 

In fact, based on your service, your entitlement is a lifetime benefit that can be used over and over. 

I have a client who has a similar background and could benefit from a conversation with you. 

However, only the fixed ones allow you to benefit from solving the underlying problem.If you have all your residents on a fixed utility bill and then you spend the money to stop the leaks, then you benefit from solving the problem. 

That would leave an option to utilize $26,000.00 in equity based off of the $238K loan.That's not a huge chunk of change but if you can also lower the rate there may be a tangible benefit on top of the cash out.

I'm asking because I'm curious of ways that I can look at the cost/benefit of owning rentals while I do a little reading/research about investing in real estate to get started.

(That was a  nice side benefit we didn't expect)