Syndications Gone Wrong

[Allen Lemay]

Bigger Pockets - 

I've listened to several BP Podcast about multi-family syndications and the success people are having.  They almost make it seem like it is a bullet prof investment strategy.  However, I want to hear the other side of the story and why syndications fail.  If you've been through a "Syndication Gone Wrong" I'd love to hear from you.  Why did it fail?  Please share specifics.  Person? Location? Property did not appreciate as much as intended? To much renter turnover? Market competition? 

Really appreciate anyone's willingness to share their stories with me. 

Happy Holiday's. 

Allen