From a portfolio perspective, an investor may allocate funds to syndicated deals in expectation of certain results... in the context of the overall portfolio.

So unless you have some strong evidence, I would just give them the benefit of the doubt since it's military related.. tough situation to be in.. for both of you I'm sure.Sometimes you're better off doing what makes sense, rather than what can technically tried to be done from a legal perspective..

The porch light is a good idea from the insurance and liability perspective.

This post doesn't really have much of a point...just some rambling from someone whose perspective on buying wholesale deals has changed over the past week...As anyone who has read stuff I've written about wholesaling here on BP will know, I haven't been overly successful buying from wholesalers over the years.

But the tenants have paid for some of this damage and because the cost is so reasonable, from an ROI perspective, it's been a good investment.The coffee tables don't hold up and basically need to replaced annually, but they are cheap and the tenants pay for them out of their security deposits.Total annual furniture spend out of my pocket over the last 3 years (minus tenant damage paid from security deposit) has been about $500/yr across 3 apartments.

Did you find your self improvising right from the start or were your first contacts with perspectives pretty canned?

But a dip in 2 years wont hurt you if you are going to hold for 20 years and IF rents don't fall off so much that you can't stay solvent.If you are happy with the projected returns you can make at todays prices and your expected rents/price appreciation, then pull the trigger.Of course, I say all this from my regional perspective.

From a cash flow perspective this is ideal for us.

Also my perspective seller does not own it outright.Good luck.

So, no matter what you decide makes sense for you, you're already ahead of the curve from my perspective.