Check out the threads that Nicholas L. linked to above then use the search function and you will find literally dozens more like it and begin to understand what can go wrong. 

I have not started, completed or participated in a syndication so tough to assess an ROI at this time.

Hre are the key things to knowWhat you are bidding on - often oddball properties that are hard to identify and have little value are auctioned offThe true as is value of the property, The tax assessment can be way higher or way lower than the true as is valueThe local laws and how they affet your total costs and returns

Have you passed the tax assessment yet, or is this your first year of owning it?

Fortune 500 headquartered companies always help.You can find a dozen or more markets, primarily in the Mid-South and Rust Belt, that will meet these criteria. 

Given it's location not far from the ports of Richmond and Oakland, and that the Chevron oil refinery is nearby as well, some of that is likely be driving the highest and best use assessment. chris in the deep south they turn the anchor store into a big church..  

So depending on how much you pay for it, you can assess your cashflow.

Post insolvency, the framework allows an assessment to all private insurers operating in the state to cover the difference which will subsequently pass the costs along to policy holders.

That is for you to model and assess.

The $20k+ I pay a PM means with a dozen properties I literally spend less than an hour a month on a dozen properties.