The instruments needed for the transaction will be state specific which means you should have someone from California chime in with resources who can provide low cost documents (as these will be boiler plate).

There's no cost to use, and currently $25 fee for applicants. 

Note that legal and transfer costs are not deductible but can be added to your cost basis.

I do understand all recent syndications are struggling with costs and tenants struggling to pay, so trying to be patient for now.

., I look at worst case of what would it cost to roll-back all changes and add that in. 

Depending on the fee schedule and activity this can cost significant transaction fees and always includes some red tape and extra processes to go through.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Every task must be completed diligently and on time.If you wing it, you're gonna miss something, you're gonna mess something up.So, be proactive, stay organized, and keep your power team aligned to ensure a successful closing.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

From my experience, mentorship can provide structure, accountability, and networking opportunities, but it often comes at a high cost.