Quote from @Diran Deukmajian: Yes, you should send them to collections.Andre is correct that you may not get anything back.

Correct. Fully

Closed in September after 3 appraisals to get correct valuation.

An LLC is not necessary, but there may be benefits if you understand what you are doing and do it correctly.

It is not a distribute if setup the correct way.

We own several residential homes in San Diego that we only lease to operators of care facilities...They make amazing tenants if set up correctly.

Now keep in mind he at least did 1 correct thing, applied to be added to lease.

Assuming this is correct, how are investors able to get decent cash flow out of a rental?

Cannot comment at all as I know nothing about this fund, but they must be experiencing greater than anticipated issues since last year they noted distributions will commence in Q3 of last year and they excel under the current economic conditions but if Jeff is correct, they are still in the red

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