But do look at the shiny penny and spend big sums of money to learn.

You get money at closing and then you refinance when rates go down.Anyone done this before?

If its four months from now, then explain to him he's going to be evicted, will have a record, and it will go to collections for all court costs and rent money owed, to the penny.

You could sell one house and buy two with that money. 

After that, the lender may use a private auctioneer to auction off the property and try to recoup as much money as possible.

When you start raising money, the kinds of investors you're going to get are individuals who want to make a better return than the stock market. 

I updated the bathroom/porch in the spring, and am finishing construction on a 2-stall garage (the previous garage was basically a large shed that I could not fit much in).Moving forward I am considering one of the following options to put my money and build equity:1.

I believe they are losing money pretty badly at Regency Towers.

Eric,, I think why people go for the fund model is the idea that they are spreading their money into multiple notes being held by the company.. while in theory this is great but as you noted you don't really have any security compared to being the beneficiary of the debt instrument IE debt is in your name. 

The same money could buy 1-2 full properties that would rent for more, depending on the market you choose.