But if you sit out, let fear dictate your life, you'll miss out on something wonderful and freeing.

Going by the title, I am simply giving real life examples of what investors can expect in a typical syndication structure.

I typically don't have subsequent move-ins scheduled very tightly after move-outs, so when this happens it's more of an emotional hassle than anything else (because the tenant wants to then argue that I'm a monster for charging them rent because life happens . . . c'est la vie).If these one and two day delays significantly derail your process you might consider instituting some kind of "drip reminders" of the checkout process . . . starting 2 weeks before the lease-end date and dripping as often as you see needed to get the tenants out on time.

And on top of that, how the hell do sex offenders and convicted murderers find housing??

Set for Life by @Scott Trench2. 

The benefit of this is that when you reach 20% equity, you no longer need to pay the monthly private mortgage insurance (PMI) where as with the FHA loan you are paying PMI for the life of the loan unless you refinance. 

Everything in life is negotiable :)

I am curious if anyone else has run into this (and looking for real-life experience vs opinions), how was the feedback shared from the organization? 

I have used "rental arbitrage" to improve my brother's quality of life and to let him live a real life "house hack" scenario.

My tenants include entrepreneurs, students, a retiree, and those getting started in life and looking to save up what they can.