Brian Sheldrick, VP of Commercial Financing, Capital Communications FCU.

Do you feel a high level of transparency and communication? 

I'll accommodate where I can, but I have to change door code times, communicate with my housekeepers, and communicate with the guests to actually do so, for four different properties, while doing everything else in my life, so it's actually a PITA for me and not a matter of just saying "Oh sure!"

I agree with Greg on the need to communicate, and getting knowledgeable on the subject is a great start!

Either a very sought after price of land, a significant discount, very attractive owner finance or participation or all of the entitlements in place so the project shovel ready.

Good outside communication with the deal sponsor--Do you think there should be other things to consider before trusting a apartment syndication?

You can communicate your message and credibility better than anyone else.

Try to think systematically through the process and put it on paper so that you are consistent when you communicate to prospective tenants. 

and proactively communicated this to the property manager.

My guess is if the wholesaler is having problems selling it, others who have looked at the deal are either nervous about the price of the rehab, or finding decent comps, or are worried about the ability to find tenants, or all three.I think it will be really difficult to do a full rehab for 30K.