You are in what i call the "casino effect".

But I would not have my OWN info memorized to fill out an application with phone numbers and addresses and all, so how can I expect less sophisticated people to?

Unfortunately after we bought our second rental every one of us moved to other countries (myself I moved to China) due to work commitment and we got stuck with 2 rentals which in the past 5 years miraculously we managed it remotely.The reason I found this website is that I went to an exhibition in Macau (note I was on vacation there and after a few days casino did some sightseeing and ended up there) where a company was advertising investment opportunities in the US.

If they're pulling 1k out at the casino atm every month or 2, probably not your guy.

People who write blogs like this are trying to sound too sophisticated, like they know too much.

Hopefully it's not because their underwriter is less than experienced or doesn't know how to read a sophisticated tax return.  

When commercial multifamily is being sold to presumably sophisticated investors, brokers prepare pro-formas, as we all know.

To those of you more sophisticated investors (@Bryan Hancock?)

If its a sophisticated buyer who's realizes the risk, that may be a chance they're willing to take.

Think about how money management works, the most sophisticated hedge fund would only take 20% and a few points for operating expenses.