I want to help all the time...but that never grants you the freedom from being hurt by such altruism ANY of the time.To wrap up: I used to be very anti-coaching.

Ignoring the valuation question, which is determined according to "highest and best use", which by itself is open to broad interpretation, the majority of these syndications I have seen violate the partnership anti-abuse rules under Treasury Reg Sec 1.701-2 and the substantial economic effect rules of IRC Sec 704(b) and the related regs.The strong majority of these (but not all) dealing with "investors" are nothing more than thinly veiled attempts to sell tax deductions, and the Service and tax courts are quite clear on where they stand on that.According to your profile you're a CPA too. 

@Yonah Weiss no degree, I did have very hight but anti school, Ive had my own business for 5 years

This type of real estate investment is one of the most common forms of real estate investing in the US and has historically never been regulated by the SEC.The only laws and regulations that apply to these types of transactions are local city laws regarding the underlying property, anti-money laundering laws for general real estate transactions, and tax laws around real estate properties and income.

Most states have anti-predatory lending or dealing laws.

If he's the anti-Christ, okay.

Furthermore, Taz (the anti-guru) who I have butted heads with on many occassions did a study of more than 30,0000 units in multiple areas and multiple rent ranges and every group was withing the 45% to 50% range.

Seller shall pay for installation of drain cover and anti-entrapment device or system for any pool or spa meeting the minimum requirements permitted by the U.S.

Every year there are new lead paint bills and anti landlord bills.

Account Closed  OK KEN I get it now I finally checked out your profile and your website your a GURU you charge to teach this stuff.. your credibility is ZERO... your just another long lien of gurus' out to take money from these poor folks who will pay you 12K for your super coaching do one deal and fade away.. that's the reality .. did you not get the memo that BP by and large is anti Guru  LOL... good luck selling this crowd.