If you don't end up doing that, I'd like to hear more about what the numbers look like and what you're expectations are given the texture of the market. 

Then I’d set aside about $3mm for my startup costs: Office leasing, my securities counsel buddies from Cravath...Bloomberg terminals and jet leasing.

She then told me about an off market 14 unit multi family, which I bought and it was like adding jet fuel to my real estate investing career. 

Plus owning a jet would be cool one day.

Like when an Engine quits its Boeing.. but Boeing does not make Engines its Pratt and Whitney and GE and Rolls royce make  90% of Jet Engines !  

We have agreed to hydro jet out the sewer line to clear it. 

And the La investors failed big time.. this is were most of your 08 to 2011 foreclosure inventory comes from in all these markets , Granted it was a lot of sub prime Owner Occ but it was a crap load of investors who just could not keep properties up and running.. they were undercapitalized to start with. they were sold a program that called for positive cash flow,, they were really getting negative cash flow and of course the 8k per house they took out at closing is sitting in the driveway either on wheels a Jet ski or was that fabulous trip they could never afford.

This is a personal preference thing, based on an extensive amount of people I've encountered in my life, to 99% of the people out there, pay off the mortgage is the way to go if they can. 99% of the people in the world would be beyond content with financial freedom: meaning, in general purchase whatever you want (minus mega mansion and private jets), go wherever you want to go, send your kids to whatever school they want to go, and last a life time.

One missing is Jet Lending's monthly meeting on the 3rd Wednesday of the month at the Texans Bar & Grill. 

I'm a GP myself and am pretty familiar with these documents.I'm sorry to say, as long as the syndicator used a reputable attorney to put the documents together, there is very little you can do and surplus funds are 99.9% chance going to the lender.The only path's I'm aware of would involve you proving the GP knowingly engaged in fraud (e.g: lied about something) OR they misappropriated funds (e.g: they bought a private jet with the money instead of real estate)Outside of those scenarios, my strong guess is no money will be recaptured.I'm sorry to be the bearer of bad news here.