If he cannot recount a good deed, I will evict him as soon as is legally possible and re-rent my property to a more deserving tenant.I based this guidance on a parable from Matthew 18:23-34:because the Kingdom of heaven is like this. 

You know I hate to say it but anybody dumb enough to give these groups 40k almost deserves to lose their money .

They sound like they deserve one another.

If you are cash neutral with only those expenses, the reality is that you are cash negative (at purchase) the costs of maintenance/cap ex, vacancy, PM cost (even if self managing you deserve compensation), miscellaneous.  

I hope whatever you spent comes back nkind - you deserve it if it does.

There is vacancy (you have too much experience with this), maintenance/cap ex, PM (even if self managing you deserve compensation for this task), miscellaneous (portion of accountant, tax nan, office expenses, umbrella policy and/or LLC, etc).  

That's pretty awesome, that tenant deserves a hand written thank you!

You deserve it.  

:You, sir, deserve a McRib. 

Thirdly -- and this point deserves it's own paragraph, I think -- I started to wonder how LP investors could possibly lose money on a well-run syndication, so I started making some models in Excel.