This is definitely a scam then with the same pattern in every project.

I took into account a likely cheaper labor rate but will say when we owned units in gulf shores that i was not encountering that low of a labor rate.  

I got scammed into buying an LLC the company scared me, and I regretted it and ended up going the insurance route.  

The lengths people go to scam 

These syndications are a scam.

Agree on the advice their are sharks out there that are very good praying on people with various scams each month a new one pops up so avoid the housing market right now .In the mean time invest in a index fund that follows a benchmark like a S&P 500 each month/week put more money in when you are at a age that father wisdom has visited make small moves into the housing market .

They don't care when you try to explain all the future projects, they actually hate hearing that since it sounds like a scam, when an investor says, "Give me a good price and I will have a lot of work for you" it sends chills up their spines. 

I will never fall for Dealmachine scams again....their 5 star reviews are definitely untrustworthy.Hi Linda, I am the owner of DealMachine.

I hate to report that I was a victim of a lender scam.

We find that Craigslist is full of scams and that FB has some scams.