It gives him experience in public speaking, forming your own opinion and communicating with authority.

From contribution to getting communications and distributions. 

Overall, it sounds like this whole thing stemmed from a communication or integrity issue that occurred at the loan officer level.

So you need some tangible experience + very quality deal + communication skills to present to the investors.

In any event, better communication could have been had to keep you in the know!

The wire instructions I received were also different from the entity listed on the contract, but in my case, they explained that the funds needed to be sent directly to the contractors handling the rehab, which aligned with the project’s structure.I proceeded, and everything went smoothly, with clear communication and regular updates throughout the process.

Always ask for references and examples of similar projects (pictures)The Red Flags you have to Avoid:Lowball bids (too good to be true often is).Poor communication or delays in responding.Hesitation to provide references or sign a detailed contract.Cash-only deals or pushy behavior to secure the job.

In 13 years of owning the townhouse I have never had any communication from the HOA board and no notifications re any annual meetings.

After receiving these funds, he and his partner has completely disappeared, leaving us with no communication or updates for over 2.5 years.

sorry if is stupid question Yes.Another strategy is you could inform him to contact the super for any issues and ignore further communication from him directly.