The top three ways I vet a team are #1 Word of mouth testimonials, not ones on a website and not the ones the syndicate groups hand out, usually from current or past investors I network with #2 getting the data/numbers as it relates to the track record of the team (how many deals have they done, what were the results) and #3 finally a gut check.

Even with a master lease and option, the Lessor/Vendor will be expecting an end-game which results in a sale and the Tax Man will still be there with his hand out.  

I actually spoke with their reps at a trade show today and got this response: "Hi Nate!

I've read numerous books, participated in a webinar, attended my local REIA trade show, and met with several professionals in the real estate industry.

@Eric Merhar I noticed the dates you will be in Greensboro and if you’re interested the local REIA is having a trade show April 19th from 7:30-9:00pm at the Marriott at the Greensboro airport.

It touches home to respond.The only reason permits are permits is to make sure the work is done in code.Code is safety issues and city has their hand out for the fee!

Come closing time lo and behold there they are sticking their hand out for a commission they did not put much effort into earning.

-I hand them 2 papers: one is our official company handout, with pictures and a 800 number.

I have bandit signs, business cards, flyers to hand out and now my last step is going to be the Yellow Letters.

I used to have a professional photographer go do this, and then make them into little books to hand out to prospective customers....