My favorite was a hoarder house full of trash that took me six months to turn around, but it turned into a killer deal that earned me a 600% return.

It is regulated and you need to learn the law before accepting any funds from another entity (person) in a syndication.

He has millions of dollars invested in his property and must be extremely careful that he doesnt't rent it to a person who is a crazy failure.

@Nicholas Nakamura can you make a trip out there in person? 

@Kyle Cross, correct me if I'm wrong, but I think maybe what you're getting at is potentially pitching to your parents that you would like to take a shot at personally managing the units to gain experience and some form of compensation.

My expertise is deal analysis, buy and hole strategy (creative financing) and personal finance. 

Does anyone know stats on this or have personal experience in this region?

I am looking at a 5 unit building that I want to do a condo conversion on. 4 units would be vacant 1 has a rent controlled tenant in there who does not want to move. I would owner occupy it so I don't know if I have a...

It's important to understand that a person can sue another person, but that doesn't constitute a judgment.

This exact strategy could change that person's entire future!