Granted, I don't know any attorneys here in Texas who would assist in a CFD but that's just because it's common sense to steer clear of these beasts. 

Originally posted by @Grant Gibson:I am looking to be a passive investor in a multi-family syndication.

I see where you are coming from, and you are right in the fact that I took a big risk in taking their word for granted.

Granted, this is all opinionated but to say the mall in Houston makes me think you went the Galleria, Memorial City, or Katy Mills which is just a mistake in itself.

NY is working towards capping permit fees at $1,000 to relieve the financial burden and encourage property owners to convert basement apartments legally.Two years ago, the city launched a pilot program to award 15 winners grant funding to support legal ADU conversions.

And I am not going for a passive income - I am going to someday be on the same level as someone like Grant Cardone, but with a strategy of higher ethics.

Granted you can't take ones word and must see for yourself but that is my perspective.  

Granted, some neighborhoods just cannot be investment grade-- Piney Point and River Oaks-- but there are some that are on the cusp of falling out of investment grade but still just about there.

@Grant Vincent I think what your Mom needs to establish is a "life estate" as you mentioned.

looking to invest on a property in OH, that has permits for mutli units and is also eligible for grants. its possible this property can pay for its own rehab and it can have great ROI if done the right way.