He would essentially make his payments to the siblings his mortgage (interest free) and rent it out at a figure to take care of insurance, taxes and possibly even cash flow depending on the numbers. 

It was essentially and FSBO as Mik didn't do anything but put up the listing, make changes, and mark the property as pending and sold.

The main thing to remember with wholesaling is that it’s essentially about the seller and the buyers.

After the 3yr time period and I receive the tax deed is it still possible to have a redemption be viled against the property As soon as you become the owner of this property the current owner essentially becomes your tenant.

Flipping is a straight up business (and is taxed as such) and REIT investing is essentially buying and selling stocks.

Does it essentially take you back to square one, wiping out your equity in the property?

A few more to add here: Underestimating the CapEx needed to take the project to stabilized statusPoor Property Management CompanyOne Man Band Sponsor (Syndication is a team sport)Poor Investor Relations (in the front and back end)Mismatch in loan product to asset requirementTo conclude, Real Estate Syndication is complex with a lot of moving parts and having a team is essential to executing a business plan in order to meet or exceed investor returns.

But that's essentially why I have a "break lease" fee because, even if I don't lose one day of rent, I need to be made "whole"...and that includes compensation for my time.With that said, I don't feel a LL can normally charge for their "time" or a fee, unless those consequences were spelled out ahead of time. 

Essentially 3.5% of that total amount.Now, FHA loans have rules that apply to ALL FHA loans and for your scenario here's what you need to know:You must be moving more than 90 miles away from your current FHA loan.If you need rental income from the pre-existing home that you are vacating you must have an appraisal performed on that property that proves 25% equity in the property.

The 7 Essential Habits of Highly Effective People has been very inspirational for me.