That is why lots of multifamily larger deals are imploding right now and investors are losing tens of millions as LP's. 

The property owner always loses while the arbiter has no skin in the game at all, just skimming profits off of the owner and can walk away any time they want without reprocussions. 

New American did lose its contract with the VA to service Vendee loans Vendees stopping does not appear to have anything to do with COVID-19.

So I didn't end up losing any more money than what was owed but it added about 2x the amount of stress with false hope and promises that never ended up happening.

There has to be an account in the middle for repairs, renovations, etc. and you want to know how that will be disbursed and if you need a workflow between you.If you decide to do it, just start small with an asset that is as close to can't lose as possible so you can fine-tune your collective process.

I think it was on another post about how someone paid for a guru program and the guy never addressed her concerns about losing money. 

Do you really want a paltry 3% dividend while losing many of the tax advantages you have with actually owning the property yourself? 

If you go under the seller is going to lose that $200k.

Syndications you lose full control and are significantly more risky by that notion.

My business partner refused in fear of losing another $2k and also because wire transfers to a company is very fishy.