But that is just my opinion.Question I would ask is: what other institutional sponsors are providing that type of return and what is the risk profile?.

Your profile says that you’re 18, and that will be apparent when you talk to property owners.

I want to create a GMB profile for a market I invest in, but I don’t have a physical office address in that state.I’ve been looking into virtual address services like iPostal1, but I’m concerned it won’t be approved by Google since they seem to have strict rules about virtual or P.O. box-style addresses.

Your profile says you are from CA, are you a long distance investor or are you local?  

I've actually used freedom soft it works out well for me In your trail period profile delete cc information call bank tell them what happened and contact freedom soft as well

Check their social media profiles to gauge whether they are reliable individuals.

If you have a good understanding of your market, asset class, risk profile, etc. this ratio can change accordingly.

One of the biggest risks I observe with flips and first time investors are instances where the project goes over budget or gets stuck in mud, can't sell and even worse the borrower doesn't have the credit profile to refinance out to a lower interest lending source if borrower is required to hold the property as a rental. 

I totally agree, I have never been bored in Costa Rica (my profile pic is my girlfriend and I surfing in Nosara) and I really like your perspective!

Consequently, it’s up to these companies themselves, not demand from investors, to set the value of their shares.Non-traded REITs own about 10% of the $2.5 trillion in real estate assets held by REITs, not counting private ones whose shares are only available to accredited investors, according to the National Association of Real Estate Investment Trusts, a trade group.The SEC and the Financial Industry Regulatory Authority, a self-regulatory organization for brokerage firms and exchange markets, issued investor notices in the mid-2010s that warned of potential risks from non-traded REITs.They include a lack of clarity as to how shares are valued, difficulties in selling shares readily, high fees often paid to managers with possible conflicts of interest, and the potential that investor cash and loan proceeds can be used to pay dividends during unprofitable periods.More recently, high-profile investment firms such as Blackstone Group and Starwood Capital Group have started their own non-traded property trusts with offers to disclose more information, charge fewer fees, and allow shares to be cashed in more frequently.