The following article isn't (as of when it was published in 2015) about a syndication, but it does show just how desperate and just how vulnerable some of these residents are: https://www.azcentral.com/story/news/local/mesa/2015/06/15/mesa-royale-mobile-home-park-decision-human-cost/71235678/So let's say I was part of a syndicate that bought Mesa Royale (from the article) and fixed it up to match code.

@Shannon ThrelkeldCome to our meet up next week in Royal Oak! 

This is my first deal and I royally f***** up, I know.

I'm located near the Royal Oak/Birmingham area, which in my opinion is a great area for investors.

Try Royal Credit Union. rcu.org they have a product called a prime line.

I have a condo in downtown Royal Oak that I've been self-managing. 

The guy would not accept cash to leave, he would not accept help finding another place, he just wanted to be a royal loser and make everyone miserable, in the end it took 2 different court orders, 2 different sherriffs, 2 different times to physically remove him from the property, the first time he was removed, he filed an appeal with the supreme court claiming he was a military veteran and in hardship, all false. in the end, i lost about $6,000, by having to extend the close date multiple times, and having to keep extending my rate lock, as well as losing the money from the potential rents I was expecting and having to pay bills in a property I was no longer supposed to be in as well. the sellers constantly tried to get me to close, but the sale was contigent on that apartment being vacant so my daughter and I could live in it. they offered escrow to cover the rent he wasnt paying until he moves out, but I needed to move in and it took 3 more months to get him out after they offered the escrow. either way It wouldn't have worked.

The fabulously wealthy Vanderbilts wanted Status so badly, they literally bought their daugher's husband because of his Royal status.

We put in new SJSU students on each move-out, and the cycle starts again.With respect to people chasing higher yields, we have witnessed a few casualties who got royally screwed.

I'm Christin, from Royal Oak, Michigan (north of Detroit).