@Curt DavisI'm not familiar with every state's property tax laws, so I can see how #3 may not be as critical in some areas.

Once a certain financial independence is achieved, the cash flow is not as critical and maximizing the total return is what is desired.  

Read the article in the link below.TALLAHASSEE (News Service of Florida) - A controversial effort to further limit local governments’ ability to regulate and inspect vacation rental properties is advancing in the Florida Senate, as the proposal’s sponsor on Tuesday assured critics that the legislation is “a starting point.” https://www.mysuncoast.com/202...

Being an LP in a syndication deal but unless you are accredited or net worth over 500k I don't think you have reached that critical mass to nor gotten the experience yourself to be able to determine if a deal is good from the shinny pdf pitch package.

The most critical aspect is the Reserve Funding Plan, and if they have a recent Reserve Study that was prepared by someone OTHER THAN their Management Company or the Board, that would usually provide a very good picture of their long term financial condition.

Communication is a critical business function and we take it very seriously (as I'm sure you discovered).I don't know who your Investment Counselor is but feel free to contact them anytime with any questions.Continued success!

And how openly and honestly can people share their experiences of his company if he shows up with the Moderator tag to post a bunch of photos of the poster's property when there's criticism?

What IS absolutely necessary and critical to success is to network with other real estate investors.

Engaging in open communication with the seller and conducting thorough due diligence on the property and local market conditions are critical steps.

Additionally, marketing is a daily activity and "flag" relationships are critical in some markets.