Quote from @Giacomo Matthew Degl'Innocenti: I very understand your speech but it's hard to believe the tenant has nowadays became invested of a far bigger responsibility than the landlord in making it possible to be having depicted an accurate profile also because is the landlord indeed who's on the business and receiving the money.Thanks your intervening here though  There is zero logic in any of this. 

If you have a good understanding of your market, asset class, risk profile, etc. this ratio can change accordingly.

Real estate agents are not highly regulated in Costa Rica as opposed to North America.  

I'd start with filling out your profile here a bit more- we can't tell what market you are in. 

Just looking at their profile & seeing what year they are in.

Things like a website, an email at your domain and credible social accounts (even small things like a profile pic and bio) can show you are a legitimate business.

You want to find a balance of investing experience, but strong track record of multifamily sales (which you can see on their Zillow profile).

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.

Typically, the initial upfront for the rehab is either cash or a high interest loan (hard money or private). 

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