He has been calling 311 for inspection and having violations reported for damage he has caused due to neglect and malicious intent for the past year.

thats the risk.then like a few of these other actors if it goes bad and the sellers you bought from go ballistic you will get turned into the DRE and probably other agencies and you never know it they take an interest in you or just give you a pass.If it was me and your not really well capitalized I would not be changing title to a wrap buyer and losing control this could end up very poorly for you..

I can assure you the employees involved in trying to help are good people that were doing their best to try and help solve the problem and didn't have any malicious intent.

Or like I have seen there are a lot of bad actors out there and you will have groups that do this with no intention of every paying on the sellers mortgage and will rip the rents until the houses are lost to foreclosure  when that starts to get acute and brought to main stream something could happen regulatory wise.

Dealing with private syndication is like dealing with individual actor that many times has different personality, nuances and lack of public/transparency skillset.

In most spaces there are bad actors and or inexperienced sponsors.

Still dealing with not having rent in hand, but feel much better knowing they didn’t maliciously report their payment as fraud to buy themselves another week.

A new federal law levies specific requirements on all association boards with some heavy fines; you can search "Corporate Transparency Act" or read my article on that here.   

The cities here in Coachella Valley must employ some high-tech IT peeps because they troll for bad actors, find them with AI and other tools, and fine them $5,000.

My biggest concern is finding good roommates/renters and dealing with bad actors and squatters.