And, if you don't want the best candidates for purchase but just want to exercise that authority you think you have by being the owner, that is up to you.

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?

If you don't want to physically be there, look into Showami.

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. 

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike price" to BUY the property IF or WHEN the OPTION is EXERCISED is $300K The seller wants $60K to sell us the OPTION.

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

Dream on Me acquired the brand’s intellectual property and reopened a few stores, but with rising e-commerce trends, physical stores became unsustainable.

Even after that time passes it depends on the state what actions you may take but in my state for a relatively modest fee you simply have a constable post a notice and physically remove them 10 days later.

Do you have both physical and electronic copies of all the necessary paperwork?