This eliminates half the risk!

Partnering with others can spread the financial risk, while seller financing may eliminate traditional down payments.

Spread your risk around because even your best due diligence won't eliminate all risks.

There are ways to almost eliminate these risks but, unfortunately, most developers won't go along with that because it's not in their interest.Since I'm now working on my own development projects, I don't think it's appropriate for me to comment on developers in a public forum but I will respond in my reply to the DM you sent me.

Yes, this brokerage would eliminate buyer-broker commissions, which are under threat, anyway.

In your second scenario you would eliminate all capital gain and depreciation recapture with the step up in basis.there is no statutory holding period that qualifies you to convert the properties. 

I would follow-up with a letter as others have stated, but if no action was taken I would trim off any branches that over hang my property eliminating my own liability in the situation. 

But the risk caused by this, is that the safety cushion is reduced or completely eliminated, and a small problem can cause a catastrophic default on the debt.So, many of these aggressively structured deals have been heavily distressed.

At some point you can start turning them into seller financed deals and eliminate the tax, insurance, and maintenance expenses.In 10 years California property may double, or not, but you can easily double the number of houses that you own in these markets.

Eliminate debt, establish a budget, and save.