@Ben Leybovich it may be helpful to know what you think a syndication business model actually is if we are to further the purported intent of this thread.

We should be concerned that our system allows a judge to be a participant in the administration of purported justice, but does not require the judge to ensure that the defendant layperson tenant / lessee fully and completely understands his or her rights, and makes sure that they do not unwittingly waive any important rights.In theory, a tenant / lessee could make 7 of 8 payments, or 12 of 15 payments, and yet find him or herself in the same situation, to wit, unable to communicate with a virtual landlord, with an out of state property manager, both of whom were unresponsive to communications, and contact only with the attorneys representing the virtual landlord, while standing before a judicial officer more interested in the processing of cases as opposed to ensuring that the less sophisticated party fully understood their rights.I think that this issue is one of universal appeal and concern.

I read up several negative news about this company and similar complaints like mine by other people (the idea was that DHM was actually making their money from the $3k deposit people paid upfront rather than from the business of lending hard money that they purported to be.

I DO expect that sort of behaviour from sensible investors and unlicensed Wholesalers, but NOT from people who are licensed Realtors and who purport to be ethical. 

It would of course be different if the firm purported to sell the property without the knowledge of the 7/8 ownership group. 

If the middle man could do what they purport to do- reliably and consistently source legitimate deals, I'd be happy to pay them to do that time after time until I could leave my W-2 behind and do it myself.

I would prefer they not try to tell me that a $10k margin on a flip is a good deal, when I know they are at least 10k over on their purported ARV, while shorting the rehab cost another $10k.

Except as expressly permitted by this Article, a member may not Transfer all or any portion of a Membership interest, not enter into any agreement as a result of which any other person shall become interested in the Company, including any purported assignment of the economic rights only, without the prior consent of a Majority in Interest of the Members (other than the Member desiring to Transfer all or part of a Membership interest)"and last"Amendments.

No employee, personal representative, or beneficiary shall havepower to waive any of the provisions of this Act in regard to the amount ofcompensation which may be payable to such employee, personalrepresentative or beneficiary hereunder except after approval by theCommission and any employer, individually or by his agent, service companyor insurance carrier who shall enter into any payment purporting tocompromise or settle the compensation rights of an employee, personalrepresentative or beneficiary without first obtaining the approval of theIllinois Workers’ Compensation Commission as aforesaid shall be barredfrom raising the defense of limitation in any proceedings subsequentlybrought by such employee, personal representative or beneficiary.

I tend to get put off by the douchey guys and gals who make sure you know they look and sound the part of how purportedly wealthy they are.