High level local impacts are rising rents from Santa Barbara to San Diego and high demand for luxury purchases.

I sold my company to a national PMC named PURE,  they have a large footprint in California and are always looking for people at most levels. 

Quote from @Rud Sev: Hello,I am new to the world of syndication (LP investor) and want to understand how taxes at a high level for syndication as LP before asking individual specific questions to my CPA.Notably, I want to understand how preferred returns/cash flows are taxed, if at all, until the amount invested has been returned.

Be aware of California taxes that will hit you in their other funds based on your income level.

The price to rent ratio one can get in the Section 8 space in Detroit is next level. 

I guess my procrastination skills are slipping! 

Thank you Corey, that's a great and thorough high level perspective.

Learned some negotiation skills through this deal.

With a 7% interest rate and high HOA fees, the key is evaluating if your skills and investments can generate higher returns elsewhere.

Birmingham’s market is diverse, with various areas offering different levels of potential and risk, so getting boots on the ground can be one of the best investments you make in terms of time and money.I’d be happy to connect and share more about what I’ve learned from my experience managing properties in this market.