The property owners IN MASS burnt down their properties, which, since they did not file insurance claims was actually the only LEGAL way to free themselves of the continuing negative cash flow of these buildings.  

Will this optimize your tax position or legal position?

Second, it's probably not legal to charge a management fee on the deposit.

This is not tax or legal advice; engage those professionals. 

I am fairly confident in my choice of the syndication and just need someone to go over the numbers to confirm my understanding of the exit strategy when time comesI've invested in syndications, but I'm not willing to read your contracts and give you legal advice.

Just do it, tell them to send you some gift cards for the inconvenience lol otherwise they might have to call your note if its in their legal reach. 

That means a lot more time and money will be spent by the owner doing an ejectment rather than a simple eviction.Seek professional legal advice before moving forward with any of the above.Hope this helps. 

Is it the Wisconsin Legal Blank state one?

@Todd Kozak can't use a PO Box for legal address, only for mailing address.

We hired an attorney and paid another $5,000 for legal advice.