For the purpose of this exercise, I would like to start by separating syndications into two categories: (1) smaller capital raises that will only attract the friends and family sized checks because they require too much brain damage for those with the larger check writing capabilities;  and (2) syndications with capital raises large enough to fit within the investment parameters of true private equity/family office check writing capabilities. 

If you obtain letters of interest, you can exercise your option.

Be sure to let them know the advantages of working with you.Personal Property SignsGenerally considered one of the most straightforward strategies exercised by those trying to find cash buyers, personal property signs are exactly what they sound like: signs placed on a subject property with the intent to market it.

When doing this exercise PLEASE make sure you are factoring in a couple of things:- closing costs for acquisitions- working capital or cash reserves up front for a rainy day- operating expenses and replacement reserves- mistakes, bad years, bad acquisitions.

Thereby the seller doesn’t end up taking the property off the market for t0 days, and gets “compensated” $100 when the borrower exercises his option to withdraw from the deal. 

For the purpose of this exercise lets focus on the other 99% who invest in SFR homes which is for the highest yield outcomes.  

How have you gotten aligned with your co-buyers in the past (any exercises, tools, resources, processes, etc you've used) and how might you do things going forward?

Best exercise is going on a job site and working with a contractor line item on pricing.  

Suppose Sally exercises her right of first refusal at the 2025 auction to buy the 2024 lien, in the amount of $1,500. 

Beyond that, carrying - whether concealed or open - is mostly an exercise in machismo, since the vast majority of individuals that carry are men.