Usually you have to pay for the privilege of getting a return phone call from an attorney.(9) We have over 30,000 of uncollected judgements on six cases and like the LA fires, try to forget about getting back what you had, move on and take precautions never to get into that situation again.

You should fire them right away and talk to an attorney to prevent the loss, but I wouldn't expect much and it could be a waste since a company that does this will not have the money to do anything.When you have just one unit and you are looking for PM companies, your options are the bottom of the barrel because it's not a good use of the big one's time.

.) • Give/donate each away-----I expect many here have already been through similar dilemmas and interested in experiences, lessons learned.

Your goal is to build a passive real estate portfolio (we can discuss what passive means to you), so while I don't condone throwing $100k into a deal without even a basic understanding, alternatively doing so will teach you far more lessons than reading a book will.  

Any pitfalls or lessons learned you wish you knew before your first syndication? 

My biggest fear in Frisco is that someone decides to wipe out H1B visas or you get a sweep like around year 2000 where they fire all the people in mid level management and Frisco gets wiped out

Later on in your investing journey the safety and low management of expensive, appreciating properties will become appealing.

Obviously, i left that dumpster fire and decided to work at the same type of job, except work in a remote atmosphere...

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Ask anyone in California near fire territories.