Quote from @Jessie Dillon: just my 2 cents.. i'm not a fan of the syndication model. there are better ways to invest more passively where you have more of a say in what goes on, can achieve higher returns, and can have your personal interests at a higher priority. 

I mean I got financially wiped out personally..

There is an amount that you can distribute from an IRA account to purchase a personal residence.You then might be able to turn the personal residence into an investment property.Best of luck.

CA has more than half of the nations homeless/unsheltered persons. 

I also have a personal relationship with my contractor so got a massive price break. 

But if you see the value in investing money into your own personal education, then maybe this could be a good fit for you.

I personally like the buy-and-hold strategy and we help clients who share this long-term, wealth building mindset. 

Questions they will have is who is the owner, what experience do they have, is their key person insurance against them etc. 

And what if the one person you didn't check has a criminal background, has collections, and more?

I financed the acquisition of the land with personal and private money.