Another good question is if the syndication failure rate will be lower or higher than during the Great Recession of 2008-2010.

The whole point of owning a MHP is so that you don't have any maintenance, such as clogged toilets, appliance repairs, mechanical system repairs.

It's setting self up for failure, because everything ahs to go right for a duration of time INCLUDING equity growth to infill that hole one dug day 1 via over paying. 

Every lender on BiggerPockets has probably disputed hundreds of appraisals, I know we have and usually with great success, assuming there was an error or a failure to use clear, similarly spec'd comps.

His book “Invest in Debt” is still the best on the mechanics of discounted note investments.John Beck, unfortunately succumbed to temptation of “guruism” in his later years, hooked up with a real estate marketing company out of Las Vegas, and became front man for mentorship programs promising unsubstantiated returns.

Those are easy to finance, and the financing is solely based on the properties income using a DSCR ratio for qualification.I would look for a property like this one, https://www.zillow.com/homedetails/5810-21st-Ave-Kenosha-WI-...Lets say you could buy it for $100k, and its $50k in rehab, and ARV will be worth, $200k.When you do the rehab, make sure all the mechanical systems are brand new, then you will have relative few repairs for the next 3-5 years.I can get you a loan for $90k purchase, and $50k, rehab, once its finished you can refinance into a 30 year fixed rate loan between 6.5-6.8%, and cash flow. 

If this isn't being done, then yes that does fall on Brandon (and his other co-owners) as the buck stops with them regarding institutional failures. 

How would the mechanics of that work?

Doors and windows are in and we are in rough mechanicals. 

How old are the main mechanical systems HVAC, Water heater, Boiler?