@Kerry Hermann - the posts by @Michael Ewers and @Samuel Coronado were solid advice (I don't know Nita Cook whom Sam referenced, so that's the only part of his post I can not comment on).I second what Michael said about the market here - it was fantastic from 2017 (when I started) through 2022 - then it really started to crater in 2023 (although we still found some deals), and the bottom completely dropped out in 2024 (found one small commercial deal and one residential flip deal in 2024 - that's it). 

Seems like everybody who is with them likes it and all the negative comments come from people who havent tried it.

@Justin Landesman's comments are critical about not funding without being on title and/or having a written contract about the distribution of profits.How much do you think the rehab budget is?

@Ryan Marble I concur with the earlier comments, but would also ask if you know any of the costs/values.

As to asking the IRS reps, let me limit my comment to just three letters: LOL

There are plenty of video reviews and Bigger Pockets comments on his website if you scroll to the bottom.

So some ballpark numbers if everything remain the same, ($400ishx12)x10) would be $50Kish + the downpayment I see I got some positive numbers and after they are paid in full is when I believe the cash flow will be in better shape.I am planning to have all properties for long time, so I am planning (fingers crossed) to keep my primary income (job) in order to keep buying more properties.Once again, many thanks for all your comments.

I haven't personally done a syndication so I can't comment much more from experience. 3.

Comments again were : Quit Claim Deed the Property, start paying the loan (which he noted he had no money).

I can’t comment on anything the wholesaler did to obtain the deal, that I’m not sure.