Well, I do not know ANYTHING specific about the deal in question, the sponsors, or how the subject is organized, BUT as a syndicator/fund manager I will tell you the greatest risk faced by the limited partner/passive investor is NOT interest rate risk; NOT demographics risk; and not TECHNOLOGY risk; it is the risks that occur IF the sponsor’s interests are NOT aligned with the investors interests.

The hard part is looking forward to the future to predict your actions and when they may occur. 

The first claim hadn't even been paid out yet but was getting close to when the second first occurred.  

The only thing that has occurred as sold to me was the amount of rent from the City of Memphis but we don't know if that will possibly change as well.I know I reached out for points of contact in the area for doing more transactions but at this point I think I'm done.  

The flooding that occurred NC/TN had to be beyond mapped zones. 

Water heaters need replacing, bank errors occur, tenants move out, real estate bubbles happen, etc. 

Snowbirds stay for the winter months, so these are annually occurring midterm visitors.  

We did get negotiate money from them to help with roof repair, but now know they were not honest on their disclosure.Our inspector missed  code violations, HVAC issues, pipes that had been worked on and issues hidden that had occurred while sellers lived in the house, signs of drainage and water damage inside the house that had been painted over, completely blocked dryer vent...and we are finding more daily.We have had the house looked at by a structural engineer and HVAC techs  that has told us we need thousands (likely tens of thousands) of dollars worth of repairs to make this property able to rent and come up to code for rental.

The way our bookkeeping firm does this is via a manual journal entry dated the last day of the month the transactions actually occurred for your properties via your PM.

Now you know why he pays people to write obviously fake reviews from one-time posters which just happen to occur on the same day, in the same writing style with the same buzzwords like "He's a go-giver", and the training is "over-the-top".