The contract signed for the property was a 90 day cosmetic rehab with some distributions paid and now I am getting no phone calls.  

UPDATE: The Hotel Occupancy Tax (HOT) compliance timeline has been moved to now start on February 1, 2025 (this was previously set to start in October)Any short term rental advertised through a platform remitting the hotel occupancy tax to the State of Texas (such as Airbnb or VRBO) will begin paying the San Antonio HOT directly to the city monthly through the platforms.

Right now, we rent a 3-bed, 2-bath house for $1300/month in a park.

We also didn’t charge them rent while they were in temporary housing.

Hey @Johanna Abanes - I would start by getting in touch with local rehab clinics/hostels and let them know what you're thinking, they will be able to better guide you than anyone on this platform (most likely) 

Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.

I'm in Lou.

Hello everyone,I am looking into syndication deals to invest in as LP in the Austin/San Antonio area.

If he lived in the same place for four years, that should reflect on his credit score.I think you've found enough red flags to justify denying them.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Central City. 10 acres residential Wooded What made you interested in investing in this type of deal?