Hi everyone, I'm evaluating an opportunity to participated in a syndication for a mid-sized apartment complex as a limited partner. 

In my non-attorney way of thinking, if you participated in the construction/design and had your crew doing some work, it might be a stretch, but I'd consider a mechanic's lien.Is the 'IOU' they gave you in the proper form of a promissory note? 

In order to avoid the low participation rate, I've a.) suggested that by completing the survey, the tenants could win up to $100 - the amount is a function of the thoroughness and comprehensiveness of their answers and b.) issue the survey with 3-6 months left on the year-long lease so that I can take the feedback into consideration and assess repairs and improvements that may help retain my top quality tenants and reduce vacancy. 

I don't advertise and I don't participate in group referrals.  

Hello everyone, I have never participated in an internet discussion before but I figured BP is a good first go.

Nonetheless, it looks like I used poor choice of words and it will not happen again.Thanks again and I look forward to connecting with you someday and also participate positively in your fine marketplace.Vinny Lopes

Never tried any of the rest, but might now that I had to write them out and think about them. 1) Go to every architect, interior designer, top real estate agents/brokers, loan officers in town and shake hands, drop off do-nuts, take them out for coffee/beer and do it regularly. 2) Hit every REI meeting in town and offer to speak at some about the multifamily and spec building process. 3) You may consider joining and participating in whatever local business communities you are in. 4) Offer referral money to subs. 

Like participation in asset management fees etc. 

Me either, but that’s just one of the benefit that SEC 8 offers landlords who participate in the program.....In low income neighborhoods, landlords are significantly better protected financially with a SEC 8 tenant than a non-SEC 8 tenant."

When I have previously checked into this with my accountant it seems their are very specific tests to pass to be considered a materially participating passive investor, namely that you must spend half of your time and at least 750 documented hours in passive real estate to qualify to deduct depreciation.