The people lending you the money will have done numerous deals.  

However, some investor's strategy is buy at a higher price for properties that have a high certainty of being redeemed for higher profits (eg properties that have a large mortgage that must have made clerical error...

And still almost 4 month since then, I have asked Nomad numerous times for anything that would help me understand the new tiers and how its different from previous division of responsibilities. 

You could read 100 books and still need to learn more because certain things must be learned through trial and error.

You could read 100 books and still need to learn more because certain things must be learned through trial and error.

These guys want their 12M back and the rest of the LP's might as well pick RED or BLACK....For us, we are in numerous Synd's and generally doing well except this one.

I learned a lot through trial and error, and just being a moron half the time, but learning from my mistakes! 

Hi @Adam HoekerI have my clients all on QuickBooks Online.We sync in their accounts to reduce human error in entries, and track each property's expenses and transactions to prepare for Tax time, this helps us to be prepared for 1099s as well, track Asset Basis and Depreciation, Mortgage Balances, and any Equity items.Since QBO is very common, it is easy to connect a Tax Accountant to this as well and have them pop in to grab reports they need to file. 

There were at least 4 maybe 5 individuals on Dave’s team that handled numerous things like; getting any necessary info from me and the title company, providing my account statement (proof of funds) for the sellers of my replacement, working with ERG for the exchange documents I needed to sign for both closings, and getting the 45-day form filled out and sent back to ERG.

Ironically, I have seen most of my clients pulling their money out of numerous other investment sources with the intent of dipping into real estate.