Shawn CoverdellHomes in the Hood Love it. 15 minutes of fame sporting that rented sports car.

Syndication investors are learning hard lessons about finding quality operators who will transparently share good AND bad news with investors.In your case, I would continue asking questions and looking for information - that is the only way you can find out if it's truly a failed deal or not.

We dealt with rentals, flips, commercial, small apartment complex developments (~10 apartments), sport facilities, and a few government contracts.We are actually very open to different opportunities and investment approaches, but our plan was to start "smaller" with some cash deals in NJ (maybe somewhere in the area between Staten Island and Philadelphia, but staying in NJ), by flipping a few smaller properties and starting to generate some income.

@Joe Derobertis That’s wonderful news!

Congrats on the win - it's always refreshing to read some good news, especially during the tough times people have been going through this past year. 

So much for the good news about returning to profitability and loosening underwriting requirements this year.

The good news is, real estate is going to be more expensive and WORTH MORE in 5-10 years than it is today. 

Any investor looks for places which have a bright future, not one's where their downtown is closed due to crumbling and unsafe buildings.https://www.wkbn.com/news/local-news/gas-explosion-in-youngs...https://www.economist.com/united-states/2022/03/12/what-buck...https://ysu.edu/center-working-class-studies/renaissance-who...https://www.propublica.org/article/these-companies-got-milli...As Bones would say, it's dead Jim. 

It generally doesn't make the news, but lots of carriers have exited several markets.

Buy where taxes are low on rental properties, populations are growing, economies are growing, and there are at least two of the following: Gov spend, Major healthcare, transportation hubs, universities, sports teams, industry concentration, tourism, manufacturing.