At the end of the day, projections vs actuals are only relevant if you have some faith that the syndicators are not lying to you.  

He paid a month, skipped payment a month, paid for a month and a half (one month being the unpaid month), negotiated payment for upcoming months, lied about what he said he'd do, made a partial payment, promised to pay unpaid rent, then ultimately skipped out without paying for multiple months of rent.

But let's not kid ourselves into some BS lie that it's "learning".     

From my current real estate experience the new saying should be “a picture of a thousand lies”.

Of course, using the property assessors there is a great feature to research the deed. 

I tried to explain that taxes were driving up prices faster than the annual rent increase was keeping up with on a post a number of months back and people that were not from Texas were all but calling me out and insinuate and I was lying.  

I went to the competition (competitor matched room rate) anyways and stated that I did not appreciate them lying and/or the hidden fees.  

My primary focus lies in commercial and multi-family properties, as they offer great potential for investment.

I disagree.The future and what tomorrow will bring is unpredictable.The numbers of a deal TODAY don't lie and are actual.If net cashflow is higher than expenses and if that net cashflow on each deal get's you a step closer to financial freedom, than the investment is worth it.Appreciation is speculation and is just the cherry on top if/when it happens.Just my opinion.Thanks 

These projects not only address the immediate demand for housing but also offer long-term investment potential in a rapidly growing market.For renters, the allure of BTR communities lies in their affordability, flexibility, and convenience.