@Garret Rumbea Larger multifamily syndication is an overly broad label and using it without distinction leads to misleading comparisons.

it could be a dead rat in the vents, but the smell of dead rat or animal is very distinct and hard to mistake for something else.

@Susanne Stauffer, If you are condominiumizing the back units you are creating new real estate that is distinct from your primary residence. 

In my area, most jurisdictions do not have anything making this distinction, but some jurisdictions (mostly the cities) have been adding the definitions/clarification in the last few years.  

Because it means you could qualify to use your rental losses — from depreciation, upgrades, or cost segregation — to offset your other active income, even W-2 income in some cases.That one distinction can mean thousands in tax savings.So before you set up your next listing, take a moment to make sure you’re classifying your property correctly and tracking your hours.A few minutes of good tax planning can easily beat weeks of chasing higher nightly rates.Curious — do you track your Airbnb hours or just rely on your CPA to handle it at tax time?

@Denise Supplee and @Arman Ahmed gave good advice on leasing w cosigners, and making the leases individually/severally.Keep in mind:  there are two separate and distinct types of student housing tenants: undergrad and post graduate.What I've found over the years: If you want to deal with adolescent, underage, first-away-from-home students, be prepared for more hand-holding and maintenance issues. 

Wholesalers are definitely only concerned with the contract.I think the distinction between REI's and retail buyers is what REA's need to really understand.

I’ll offer a different angle that often gets overlooked: the financing structure.One big distinction in multifamily is the role of agency debt.

Has anyone successfully executed a subject to deal with similar circumstances and if so how did you structure it so the bank was on board?

Take my circumstance, my units will be constructed in December of 2025, 3 weeks from today.