@Yixue Zhao I agree that the “avoid old homes” thing is an outside the Northeast mentality.

This is just an example of how I would mentally walk through this process.

This list isn’t exhaustive but includes most of the best ways to find quality firms to partner with.Conferences.

A second home is a bank if you have an “investors” mentality and the right capital partner behind you for leverage.

Value can be found in all of them but it generally requires a boots on the ground mentality or good contacts passing deals along.   

To conclude, Apartment Syndication requires a list of certain skills, and the above is by no means an exhaustive list. 

If you know your investments well enough, the 'what ifs' should already be handled mentally. 

You must embrace a investors mentality to achieving your financial goals.

The exhaust for the hot water heater is 3 inch instead of 4 inch pipe, the electrical panel is a model that has a recall on it, There is slight seepage at the galvanized water main coming into the basement etc.

If you're expecting to be handheld directly by Pace through every step and have a tailor made program specifically for your needs without having to put in any mental labor yourself - this isn't it.