Loved* That response     How big are the REI projects you're involved in?

But not enough to overcome the 3 factors above (in my opinion).Because a lot of investors in my investor group are looking for better options, I’ve been hunting for better passive 1031 options that involve TICs - typically with syndicators. 

. ### Relevant Aspects of § 7-104:- **Theft by Deception**: Under § 7-104, theft includes obtaining property or services by deception, which involves knowingly providing false or misleading information to obtain something of value.

Maybe meet with other investors and see if you can find someone to partner with to be your eyes and ears on the project.Is this area considered desirable, given its location between Milwaukee and Chicago, and proximity to Lake Geneva?

Make sure you pay on time, keep insurance perfect, head down, eyes on paper. 

This is one example of a 1-2% area, I am sure there are others, keep an eye out for satellite areas if this is the cashflow you target. 

Now I am looking to get consumer protection involved to get my omeny back.

It is usually done at the same time, but will involve asbestos testing which can get expensive.Big question is - why not just leave well enough alone?

@James Walker,I’m active in Chattanooga but don’t do new construction there yet—I’m involved in ground-up in Tuscaloosa and Athens, AL for the time being.In any case, I'd be happy to serve as a resource for your new construction or Chattanooga-related questions!

I’m looking at a similar strategy as you, starting with a small investment first — but I’m eyeing a larger investment in the future for sure.