I had to look up what "variance analysis" meant.If I understand the question correctly, you're asking "What went wrong to not hit our 20% target?"

Was it questionable in 1992 when we had car phones and dial up internet?

Quote from @Anthony Klemm: Quote from @Dominic Mazzarella: Quote from @Anthony Klemm: Newbie here with some questions...I've been reading a bit about syndications and how they function as a whole.

Keep crushing it, and feel free to reach out if you have questions—excited to see where your journey takes you.

There is no question in Lehigh and Cape Coral there was an over exuberance in that market big time..

Quote from @Rick Albert: This is a really interesting question.

My question is do I go forward with purchasing the property and deal with the higher insurance and potential hazard or is it smarter to walk away?

I’ve done a lot of research on these projects, so feel free to ask any questions here.

The founder appears to have been involved in businesses outside of real estate: ‘My dream is a locally made grooming products business’ | People | nashvillepost.comSo it does not appear there is a lot of track record there, but those are questions I would ask.

This is a physical asset, not paper, and it's providing consistent income.Albeit for your not understanding tax laws and depreciation, I'm wondering why there's a question as to what you should keep.You understand capital gains, but I'm pretty sure you're not familiar with depreciation and loan paydown.