For example, some people who get rich from an IPO spend it on the expensive homes and cars they could only dream about before the IPO.When I worked as a contractor at the chip company Broadcom, the technical publications manager would tell us some zinger stories every time she visited us at its Northern California facilities.

For all you more experienced RE investors out there, we recently bought a farm which includes a personal residence for our family, several improvements including large buildings and storage facilities for the farm, and the farmland itself. 

Turns out the guy who owned the house was a meth head who was cooking meth in the garage and kitchen.

I like to cook so i do most of the dinners.. and i am a credit card mileage junky for airlines and hotels. so when i get to take two or three international vacations a year they are all free expect for the food. and i go business class and stay at top hotels.. allows you to splurge a little when you in a different country..

A syndication is very unlikely to have no debt).On the other hand, syndications allow most investors to access and diversify into asset classes that they would not be able to own on their own because the entry point is too high (ie, offices, mobile home parks, self storage facilities, larger multifamily etc.).

Maybe the BP knows the investors though and knows one can fix it and the other will not ever pull it together.The house has rotten wood, old termite damage, floor falling through, foundation issues, large hole in the roof, but the major issue is it was used to manufacture / cook meth. 

Some ideas I have been teasing around are building a rental storage facility, leasing the land for a solar farm (although the lot may be too small for that), building a multifamily complex, or simply using the land for advertising.

I had to make some concessions to tenants on rent to keep them calm while they were forced to go to laundry facilities to clean their clothes.

My family is in race horses, we are looking for a large property to create a training facility on.

SNF = Skilled Nursing Facility