He was fined for other things, just not the ins portion....the city claims they have no responsibility to call each co to verify the information on a permit thats being pulled...I def agree on your last point.

But just from the standpoint of being able to do basic due diligence - to be able to verify that the syndicator owns the properties he says he owns would be difficult for someone without any real estate experience. 

Its up to you to Verify them and to research where your buying and the history of the area .

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Our OPINION for the Metro Detroit market (always verify each area for yourself!)

As always do your own homework; success and failure is totally on you-never believe anyone without verifying.

Yes- you can, but you should check with your accountant and QI to verify exactly how that effects your liabilites. 

@Nick Maugeri, you are absolutely right about @Sean Mcevoy needing to confirm with a QI on the 1031 to verify! 

How can obtain such agreement that's verified like the ones on BP.

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)