Are there any additional considerations?

The only time we need additional information is if they are denied.Once accepted, we tell them exactly what we need from them to move in. 

Additionally, I am beginning to believe you don't live there to be the "house monitor" as this seems to be going on for a time period. 

Additionally, please share if this was a scam or not.

Specifically I would love additional guidance when it comes to the process of forming a syndication to purchase apartment buildings.

The only reason he did it was because it led to additional work.

I’d recommend a consultation with an attorney specializing in these, in addition to an accountant.

Additionally, another neighbor who owns an adjacent parcel has expressed interest in joining the project, contributing their land to the development as well.I believe this could be a great opportunity for all of us, especially as a unique retirement plan for my family and my neighbors.

Additionally, many deals tend to fly under the radar, so networking within organizations like NARPM (National Association of Residential Property Managers) can help uncover opportunities.If anyone reading this is considering selling their property management company in Texas, feel free to share—I’m genuinely interested in connecting.

If they’re underfunded, you could get hit with special assessments.Not sure about the exact contract with the tenants, but I assume if there is any additional assessment, it would be tenants’ responsibility.Since you want to stay local and focus on cash flow, commercial makes sense, but have you considered industrial or flex space?