Congrats on your lot purchase in an awesome Chicago neighborhood like Humboldt Park.

I searched for properties that stay on the market for a long time.

The easiest is doing a search for REI Meetups.

@Jack Cottrelli get nervous when new investors buy random properties out of state.this is below the median price in KC, so i am assuming it may be in a more challenging neighborhood.  

If they do not respond within X days, refuse to terminate the agreement, or attempt to charge you for termination, consider filing a complaint: https://www.mec.mo.gov/MEC/Conflict_of_Interest/Compliance_C...HOW TO FIND A PMStart by going to www.narpm.org to search their directory of managers.

And for example if they see a property was taken back by the bank and is not shown on the track record as a huge loss, then that is another type of red flag.Internet searches can also be done on the sponsor looking for lawsuits, etc.

What I mean by that is when the appraiser goes out to the property to do the appraisal he’s going to search county records if they did any permits.

PreREO I believe was run by the same person who owns AHP (American Home Preservation) - which has a lot of chatter on BP that you can search. 

Definitely do a search here for some recent stories on capital calls and risks with syndications...even on some that have been operating many years...

But in terms of the company you asked about a quick search shows there are a lot of people that are not happy with the service.