Thirdly -- and this point deserves it's own paragraph, I think -- I started to wonder how LP investors could possibly lose money on a well-run syndication, so I started making some models in Excel.

I successfully closed in 45 days with a conservative underwriting model and a good expected cashflow.

I have talked with multiple syndicators who present very different models for investors. 

@Allan C.Sounds similar to Thumbtack's business model.

-Replace the appliances with discounted stainless steel models ($2250?

@Tina Trussoni  Keep looking and also examine your business model.

I agreed to send a model unit to his city so that he can have his engineers and architects inspect them as well as have an open for potential residents.

In this very simplistic model, it seems to me that is the point at which to sell. 

Due to the new law, we've turned the building into more of a WeWork model as it's not worth the headache dealing with evictions in NYC. 

If someone has a good realistic Investing model and takes action over the long haul the changes go up that they will make it.