There are even more lawsuits going on and there are predictions they will possibly prohibit sellers to pay any buyer-broker compensations going forward as worse case. 

I have no idea how to predict what their response would be. 

You'd have to really be on the same page as far as how long to hold, under what conditions you'd sell, what happens if one partner's plans or circumstances change... just a lot of things that would be almost impossible to predict and account for in your operating agreement.

This probably varies, by city or state, but in the end the residents would have to demonstrate that the flooding was due to negligence by the city, as opposed to an act of nature that could not be prepared for or predicted in advance. 

Too many factors really to do a prediction but if you hold long term (10+ years) you always win

3) Property characteristics: beds, baths, square feet, etc     3a) current rents, if applicable3) Street, City and State names so we can get a rough idea of location4) Terms of seller (if seller financing then desired rate, length, etc)5) Comments/remarks: ARV prediction, fair market rent, personal thoughts on the property, etc6) Best means of contacting you about the listing

Sell at the peak and that's that....Of course that's being able to predict the future...If I were doing it again, I would choose my partners more carefully.

I have found that (1) things occur that nobody could have predicted that affect your investments, both positively (good luck) and negatively (bad luck), and that future things  that are obvious have a way of not happening as often as not.Still, it’s very difficult to invest in a “market neutral” way.  

The system can have massive break down points failure that are impossible to predict.

It's very hard to predict when your tenants are gonna act up and get you cited - sometimes they act up and call code on you to boot!