I assume there’s additional language in the PPM, or at least I’d hope, but the language can get very confusing by that point and many LPs don’t understand what they’re reading.

Through my studies, I met my current employer, who owns a construction company where I serve as the Sales Director.

What I personally do is I will hire a local Civil engineer who has done subdivisions in the jurisdiction and I will pay them up front for a detailed feasibility study.

A study recently completed showed that most squatters are attracted to two properties: vacant and those listed for rent stating 'for immediate occupancy' or vacant. 

I try to speak his language.

After the meeting there was no action plan other than doing a cost segregation study on the properties we had.

Here is a mistake / aha moment: cost segregation studies are worth it, even for a portfolio of  smaller properties!

FYI, a Cost Segregation Study will "not" increase your chances of an IRS audit.

Multiple investors with decades of experience, some GP, some LP, some skeptics about the entire business in general sense and some bulls who have gotten rich from investing have all chimed in on this you got links to specific case studies from Brian Burke, a seasoned syndicator, a guy check from Melanie p, who makes it a part time job taking the trash out and exposing the shenanigans of one syndicator after another.Greg Scott has an excellent reputation on these forums, and provides a counterpoint to Melanie’s skepticism.

Lost time-  you don’t find this out till your Geometra does his study.     2.