In theory, you could have 1 passive investor and be a syndication, in reality a single investor of any scale will likely want a JV structure.  

In reality, the commercial broker won't work with someone looking at a 4 family since this broker is working on commissions that might be as much as the 4 family's purchase price.  

I already know where I have made a couple mistakes in my own due diligence here & missed some red flags, but the reality is that we have signed a 12-month lease (that she has no intention to break) and I know that a legal drug addiction is not grounds for eviction.Thinking my best approach is to try to genuinely help her and possibly find a more suitable living situation (may be very difficult because of her addiction). 

I know this doesn't feel good when you think you have a done deal, but that's just the reality of it.   

Buy based on reality. 

My wife (I'm the kite, shes the string that keeps me in reality) is on the fence about starting up this trailer court.

@Anastasia BourdonI understand the reality of real life. 

Maybe the release is healthy and prevents an internal malignant build up.Whichever way people choose to deal with dishonest individuals I think it is a reality that is this business you will run across them on a regular business.

Often those with a paid-in-full house think they are making more money but in reality they are eeking out a small ROI of 4 or 5 percent on their equity.I like my equity / cash to earn at least 8%. 

From the amount of online social media and blog posts I come across, to the calls I receive on a weekly basis from investors who are in need of assistance, to the hardships I have directly experienced and sometimes still even do in our real estate businesses and on a rather consistent basis in the category of construction management, there is a concrete truth which is the reality that your rehab budget is always subject to change.