Unless you're working with someone you trust (via personal network/relationship) I would encourage you to underwrite more deals before participating in one.

Also love participating with my local friends!

What about those who participate in that syndication, aside from the fact that their involvement is much more passive in nature.

We make a better return than we would as just being a PM for them and participate in the equity growth.

I will have to participate virtually, though, as I live in Europe.Heather

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. 

on the flip side I would be very proud of that portfolio !!! 

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