Just like buy and hold an SFR  is vastly different than syndicating a 200 unit apartment. 

Or is it vast wasteland a pawn shops and liquor stores?

With your background you know damn right well that private real estate syndications are unsuitable for the VAST majority of visitors to BiggerPockets.

In 2008 we had a vast speculative oversupply of properties that were sitting vacant and on top of that many of them were financed over 100% of what they were worth. 

If you bring them a deal, they'll buy it.This is never a boring business.  45 years ago when I was operating as a commercial real estate broker I quickly (not quickly ENOUGH) learned to eliminate the vast majority of “investors” who contacted us because they weren’t, and would never be “buyers” as they just weren’t even a bit realistic in their criteria.  

The vast majority don't really care all that much about the whole dollar or the length of things, they care about what there monthly payment is. 

He brings finance programs, knowledge of the best routes, and strategic insights, while I bring a vast network and expertise in asset management, property management, and construction/development.Not only do I own these companies, but I also bring a multi-generational network of contractors, developers, heavy equipment operators, plumbers, HVAC technicians, electricians, and more—trade professionals who can be leveraged for any project.

It got a little better after I did my value add to make the units much nicer and vastly improved the management, got rid of the problem tenants, networked with some of the owners of surrounding buildings to get them to make improvements, etc, but still not like I had planned.

They show a good array of features given they are only 3 years old.

A new group raising $20mm is vastly different than a large group raising $20mm, proportionately.Indicators of success: 1.