Investors seek council, have advisors, but they do not live as sheep blindly led by whatever wolf they saddled too. 

The $11,993,698 price appears consistently across:County deed recordsNotarized mortgage loan documentsReonomyRedfinRealtor.comIn other words — the actual price was universally verified everywhere except in the offering documents presented to LPs.At a current cap rate of 6.26%, the asset carries a book value of approximately $10,134,788, meaning Team Open Door Capital & Disrupt Equity did not just misrepresent price — they engineered their own “success” at acquisition by quietly extracting $5,706,302 while simultaneously saddling LPs with a capital stack built on false numbers.The Motive: Money — And Eliminating LP Recovery OptionsOn June 12, 2022 — according to the notarized mortgage note — Brandon Turner (co-founder, Open Door Capital) signed a $13,300,000 first-position loan.At that very moment, the sponsors knew the real purchase price was $11,993,698, not the $17,700,000 represented to LPs.

His goal is to do a complete audit on every bank account every asset to determine what assets are weak what assets are strong and do the things needed to fix the issues to get back to transparency with investors and normal distributions".The message further stated,"I would ask that your patience grow a little bit now that the good guy is back in the saddle.

Failing to conduct thorough due diligence could saddle you with the seller's hidden debts

I tend toward saddle brown color which has seemed to remain ok through the really dark espresso phase which is beautiful but shows every hair and dust speck.

Also, why is the landlord saddled with extra debt to reclaim their own property at the end of a legal lease?

Quote from @Chris Seveney: Quote from @James Johnson: Curious if anyone here has experience wholesaling or flipping partial ownership stakes in residential properties.I hold 1/3 deeded ownership in a single-family home in Saddle Brook, NJ (Bergen County) with an estimated FMV around $700k.

I own 1/3 of a single-family home in Saddle Brook, NJ (Bergen County).

I have a friend from my Navy years who is a broker near me and he may allow me to saddle up with him after I get my license so I can work part-time as a realtor while I still have cash flow. 

But in hindsight that would have been a far better play for me the money would be MINE the windfall was still great and now I would not be saddled with rental .