I think the old Greek would say fear is the emotion that would compel someone to invest in either. an innate feeling of survivalism from joining the herd or flock.There is another Greek name Narcissus who fell in love with his own image in a pool of water.  

Obviously the ideal situation would be just to have it pass to inheritance or to the surviving spouse so that we get the stepped-up basis, but it doesn't sound like they even want to wait to have to get to that point.

Oh, I'm not saying that fraudulent conveyance would be a sure fire winning lawsuit, but all you need to do to get to the discovery stage is survive a Motion to Dismiss by presenting sufficient informaiton which, if true, would allow you to go forward.

That puts you in a very dangerous place...I guess these guys don't realize the risk because they've only been in the game for 5 years...I love the guys and their personality...900 hundred units is freaking phenomenal...I have seven...so I'm a minnow in a ocean full sharks...But with the loom of a market correction, I want 50 percent of my units free and clear, so when all he'll breaks loose, I can thrive and not hope to survive...

Contracts or service agreements that will survive closing?

Go to the Harris County Tax Assessors office, they will give copies of previous years.

The company he invests with could be of low quality (present company excluded, LOL), could lack a track record, not have experience with having survived a market cycle, could produce inadequate reports that don't tell him what he needs to know...whatever it is, when investing in a syndicated offering there is an additional risk component that isn't present when buying real estate directly--the sponsor of the investment.As an investor in a syndicated offering you can't typically 1031 exchange in or out, which you can do when buying real estate yourself. 

She survived, but a friend did not.

The strong will survive and adopt to modern changes.

If you survive a year and do a number of deals, look into creating your own team or leaving KW for a cheaper brokerage.