When the crap hits the fan, pooling of money for deals will absolutely function like a pyramid scheme for some unscrupulous operators...they will rob from Peter to pay Paul, many times without bad intentions.It also takes good internal record keeping to keep from commingling funds.

It is probably cheaper than joining the apartment association and they would have the means to qualify a new tenant (credit, criminal, rental history, income) and ensure that the tenants are signing a lease that follows the laws in CA. 

We should never allow criminals to get off scott free.

With that money, I will fund international adoptions for families every single month.

Those are just internal overlays of the lender you are speaking with. 

For long term you should measure your IRR (internal rate of return).

Contact local and international companies that deal with turnkey US single family homes (like in China, Israel, Canada, etc).

Maldonado and Brewer are officers with local chapters of the Service Employees International Union, while Pariset is a policy advocate with the nonprofit law firm and advocacy group Public Advocates in Sacramento.

You should be able to file a complaint with them which will trigger an internal investigations and could lead to closure for you. - Contact a real estate attorney to plead your case and possibly start motions against the company/ agent.

UAB has an economic impact on the state to the tune of $500k per dayConstruction Hub - Multiple international construction companiesFinancial Hub - There are many banking HQ's in BirminghamInfrastructure projects everywhere to expandSports Medicine originated in Birmingham (HealthSouth)I used to appraise prior to investing.