If you end up being solely a LP then the promoter/syndicator/GP would be well-served to have an offering circular or "private placement" that enumerate the risks of the project.  

They incorporate the application, background check and some promotion in their offering.

I'd like to use the definition and will refer to Brandon Turner of BiggerPockets for creating the formal definition and promoting its use.Has anyone else referred to BP on another site and is it a kosher practice?

Either way, unless pics promote magic it looks like Ill be renting it out for a bit and then refinancing.

I can't promote the meeting details in this forum

PM if you want details as I'm not allowed to promote publicly in this forum.

Thank you @Joshua Dorkin for creating the site and Thank you to @Brandon Turner for being an affect promoter of the site.

Alternative Asset custodians cannot give any tax, legal or investment advice, cannot assist with the structure of an investment, and cannot endorse, promote or align with specific investment sponsors.Administrators are the next type of company.

What irritates me is that you get a guru like Greg promoting free videos and reports but it turns out to be a smoke screen for a program that costs form $1500-$2000.On top of that you get his inner circle of other gurus to promote his new program by offering bonuses themselves thus creating a big and annoying email campaign.Welcome to the new age of selling real estate programs.

For a 10% CAP Rate the sales price must be $1,28 million, with $1,7 million its only 7.5% CAP.Other with the assumable mortgage of $1,175 million at 6%, now you have a CAP Rate of 10.9%, a adequate downpayment of $225k from the buyer and you have a max price of $1,4 million, not higher and depending on the condition in- and outside.Thats my statement with the know informations.Please forget these 95% occupancy for the next 3 month it´s only a promotional tactical, even given for 3 years it´s not $300k worth.