Long story short.. they inflated rent projections, sliced corners on property management, and almost left him holding the bag when the actual numbers came in.Vetting a syndicate means getting cozy with the sponsor’s track record, verifying their underwriting approach, and understanding whether they’ve handled rough waters before.

My neighbor around the corner just paid 4.5 MILL for a 3500 sq ft house, that s grossly overpriced, 1100 a sq ft, obscene.

How cool.Well, It's because I was seen as a player, a closer (meaning I close on deals I put under contract).I said, "I didn't know you owned a building" and to that he said "yes, it's the building with two - first floor retail spaces and 9 apartments on the corner".Dang, just what I love.

.- Most contractors will cut corners, or worse, once they figure out they won't be watched closely:( Your job will also go to the bottom of their priority list.Monitoring progress is relatively easy: hire that same inspector to go by weekly or before any payments to take a VIDEO of:1) What was done2) Quality of workmanshipOne other thing you didn't ask about, payments to contractors.- They all want 50% down or as much as they can squeeze out of you. 

yeah it should be in the dropdown on the top right corner (your picture)

You’re just sitting in the corner asking to please be paid. 

I have a feeling that liquidation is just around the corner. 

Mr Murphy is always waiting around the corner.

Originally posted by @Glenn McCrorey:I live at the corner of Rich Dad Poor Dad and The 4 Hour Work Week. 

Hire a licensed and insured electrician there are codes that are in place to protect people and property it is a safety risk that you should not cut corners to save a few dollars on.