What I saw was the gambit of dreamers who probably should not have spent the money to go to this event.. and then folks that were very well off and just wanted a fast track and were willing to pay for it..

I really can't say what my average return was because over the decades I didn't keep track, it's not a relevant measurement.

Our relationship was getting back on track but I had some resentment from the demon years.2nd year similar to first.  3rd year was looking promising then University California TA strike.  3 years in and no way he could graduate in bio but could graduate in his hobby of German.  

I invested in a syndication, but it was with an investor that had a long track record.

I also built 4 other homes on the other side of the tracks that sold for 2 to 3 million each and they were no more than probably 1 mile as the crow flys.

I, like all other investors, will be tracking this closely and if there is any evidence that Norada did anything underhanded, I will be aggressively pursuing them as anyone would. 

To everyone on the wholesaling forums, understand this:Focus on learning from those with real experience and a proven track record of success.Don’t waste your energy on negativity.

You only need a place to track tenant information, payment history, maintenance, etc.

You could use the equity from the sale to get back on track financially and reinvest in a more manageable property to kickstart your investing journey.

So, as Kristine pointed out, it’s crucial that people are made aware of the risks involved.