There are multiple ways to skin a cat.

Also, townhomes are a great bridge property, it's a common trend that those in townhomes are aspiring for home ownership meaning credit sensitive and with that right mindset. 

Most tech high-quality Tech coders are very good in .......... coding , making code efficient, calling different system call library and make optimization such as comparing performance in multi-threading environment, verifying ASIC logic with different memory size lol , in short most tech folks fits into Chief Architect capacity.But for real estate due diligence, LP need to have Chief Financial Officer capability, ability to read and understand financial proforma, forecasting revenue and understanding macro economic compact with certain interest rate sensitive.

I could easily train virtual assistants to handle these payments and have an app created for encrypting sensitive data for facilitating the transactions through financial service partners from my main line of business.

I don’t know the guy and I almost feel sorry for him… Of course, if he is an imposter then I suppose the OP is on the hunt for frauds.I’ve never invested in a Syndication so my scam alert radar is not as sensitive as someone who has more experience in this method. 

A good one will also have skin in the game and will even be able to bring new acquisitions to your attention.

I don’t mind having skin in the game either, but I know using private money is key to scaling one day and would like to get some experience with it now, even if it doesn’t fund a majority of the deal. 

After so many years in sales my BS radar is probably just more sensitive than most.

There are rules and situations unique to each state and that is why you want to go with a local lender vice someone just reaching out to you telling you they can do it. 2) Better recourse if the lender screws something up: a local lender has more skin in the game so to speak as if they screw something up their name will be mud to local real estate agents in the deal.

Less sensitive about the price too, because the goal is to hold for a long time..