@John Reagan Johnson hope you don't mind a PMC answering, but most of our clients hire us because:1) They live out of state and don't have time & expertise to remote manage2) They don't have the time to manage3) They don't feel they have the necessary expertise and/or don't want to risk learning as they go and making an expensive mistake.Go read Kiosaki's Cash Flow Quadrant book.

Housing main issues are permitting, cost to build, ROI projections, and availability in areas that have zero infrastructure to set up to acquire demand.I read somewhere on here before about people disagreeing there is a housing short.

Read your contract. 

For background, I read "The Book on Managing Rental Properties" by Brandon & Heather Turner.

They aren't doing it to help syndicate investors.I don't know anything about this deal other than what I've read here, so take everything I say with a grain of salt...but this plan appears to kick the can for a year. 

I would appreciate any and all feedback, etc. 

Gotta work on that reading comprehension, Drew.The second and third sentences of my post are literally:"I lived in Detroit for 5 years before moving out of state, and during that time, I built a strong network of contractors, handymen, and other boots-on-the-ground contacts.

Because it's too much energy to take 2min to read it, instead they just read for a #, and call me to ask everything they just refused to read in looking for my #........ 

It by no means is an exhaustive search but I also haven’t seen any co-op communities selling for 50% of comparable condos.I also know lenders that have originated loans for the co-ops in Laguna Hills and I was also reading how Fannie Mae buys mortgages issues to co-ops so it sounds like there’s a market for both qualified and non-qualified loans.

Our relationship has terminated.Thanks a lot for your feedback, I was looking for recent reviews on Nomad.