Lots of learning, misunderstandings with the contractor, and unbelievably long process.

@Amanda Thompson it's best to give them a written notice so there's no misunderstanding.

(Please, feel free to correct any misunderstandings or wrong perspectives I might be displaying or ask any questions.

The selling agent apologized and indicated it was a misunderstanding - the sellers simply didn't know we wanted the items and therefore got rid of them.Unfortunately, our agent did not put this into the contract nor did he draft a bill of sale. 

Either I misunderstand what you're talking about or you need to find a more honest plumber.

Sorry for my misunderstanding! 

Our contract is 14 pages long - because we try to thoroughly spell eveything out, so there is minimul misunderstandings.- But then of course, we lose potential clients who complain that our contract is too long and they do with a competitor who eventually screws them.

Patel.Not sure if you are misunderstanding what I'm saying or just having a different conversation.

(misunderstanding) I was under the impression that giving  a percentage of the profit was standard.

You must be misunderstanding what I stated as any experienced syndicator knows they must verify that an LP is accredited for Reg D 506(C) syndications and even in Reg 5 506(B) they are still bound to verify the investors experience and financial ability to fund.