My plan for the first syndication is to do as you said, starting with a 4-10 unit to get my feet wet and build experience.

But as often happens, a certain percentage of my investments “go off the rails”, in other words don’t proceed as planned.  

And don’t underestimate the power of direct outreach; some sellers may be more flexible if you present a clear, structured plan for partnership or financing.

And all the tenants' security deposits and all the buyers'Earnest Money Deposits don't need my asset protection, as they are not my funds, and are certainly not covered by any of our Umbrella Insurance Policies. 

One of them has a clear path to return a profit and is executing that plan well. 

I believes that well-planned real estate investments can open the door to financial freedom and generational wealth.Welcome!

The rest, put you on near-worthless drip campaigns, don't understand calculating the offer price based upon rents - property taxes - insurance - MNT & Vacancy percentages, etc.DM @James Wise to schedule a chat with him!

Be sure you consult your agreements with them as well to determine if there is some other action you are responsible for.You may also want to contact your insurance to find out if and when they may step in and do something.

The best thing you can do is plan that the first year will be on the lean side.

There are so many great strategies to help you scale your portfolio, so I understand your desire to find the right plan and avoid mistakes.