Just ask the guy if its something he would entertain. 

@Katie Miller, I purely entertain referrals from other people who have had great experiences with niche CPAs. 

Would you entertain a condo?

I mean look at it this way; remove the entertainment industry, say it collectively relocates to Nashville, what would happen? 

I interviewed another Syndication and appreciated the fact they said 1) They never lost any of their investors money 2) They aren't currently entertaining deals until they are more solid on the market's direction.  3) their Exits are designed much shorter than ODCs.  

This is why so many people earn large sums of money quickly (lottery, sports, entertainment, etc.) and end up broke.Take Dave Ramsey's Financial Peace University.

BP is informative and entertaining, and there is a lot of information available, but the information in the forums is scattered.

Personally, and what I would do for my clients, I would connect with a local community banker to discuss the property and see if their bank would entertain this type of financing (not all banks like doing this type of deal).

I would like to think in a way that investment in general, and the real estate investment, start with a solid economic reason - "Why do you Invest, where you invested".To elaborate on below - Vegas is a great example where no real economic driver exists and when you invest there, you should be aware that is a highly volatile market (side note: i both 2 properties there in 2011 and 2012 and i sold both this year) and you should pay an extra attention and be prepare to reposition capital.It's clear, if you invest in Vegas or Orlando (just 2x entertainment cities) you will expect ups and downs and you need to position yourself with extra reserves and extra caution if you are planning to stay in these market for long term. 

However, with the disclaimer above, I'll, for entertainment purposes only, provide some thoughts on rents in the US for the next few years.