INVESTMENT RISKS: All investments, including real estate, is highly speculative in nature and involves substantial risk of loss. We encourage our investors to invest very carefully. We also encourage investors to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Past performance is not necessarily indicative of future results. All investments carry significant risk and all investment decisions of an individual remain the specific responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in a full loss or losses All investors are advised to fully understand all risks associated with any kind of investing they choose to do. Hypothetical or simulated performance is not indicative of future results. Unless specifically noted otherwise, all return examples provided in our websites and publications are based on past, hypothetical ,or simulated investing. We make no representations or warranties whatsoever that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical, or simulated performance is not necessarily indicative of future results. Don’t enter any investment without fully understanding the worst-case scenarios of that investment. Risks Related To The Real Estate Industry An investor’s performance and the value of their properties are subject to general economic conditions and risks associated with our real estate assets. There are significant expenditures associated with an investment in real estate (such as debt service, real estate taxes, and insurance maintenance costs) that generally do not decline when circumstances reduce the income from the property. Income from and the value of the properties acquired may be adversely affected by the following factors: downturns in international, national, regional and local economic conditions (particularly increases in unemployment); the attractiveness of the properties acquired to potential tenants and competition from other properties; increases in the supply of or decreases in the demand for similar or competing properties in our target markets; bankruptcies, financial difficulties or lease defaults by tenants changes in interest rates, availability and terms of debt financing & management issues changes in operating costs and expenses & vendor costs or vendor issues changes in, or increased costs of compliance with, governmental laws, rules, regulations and fiscal policies, including changes in tax, real estate, environmental and zoning laws, and our potential liability thereunder our ability to provide adequate maintenance, adequate reimbursements or an increase in costs changes in the cost or availability of insurance, including coverage for mold or asbestos / environmental conditions or retained liabilities for such conditions tenant turnover, operational problems, changes in the lending environment, and changes in cap rates or sales prices and unexpected costs or unexpected revenue losses the illiquidity of real estate investments generally and bank defaults residents’ perceptions of the safety, convenience and attractiveness of our properties and the neighborhoods where they are acquired the ongoing need for capital improvements, particularly in older properties the ability or unwillingness of residents to pay rent increases civil unrest, acts of God, including earthquakes, floods and other natural disasters, which may result in uninsured losses, and acts of war or terrorism rent control or rent stabilization or other housing laws, which could prevent us from raising rents and zoning laws; and increases in property-level maintenance, construction delays, construction defects, design flaws, and operating expenses. For these and other reasons, neither All county Property Management®, All County Polk Property Management®, or All County Metro Property Management® cannot and does not make any guarantees to investor performance.