Of that 50M, 25M was allocated for the construction of a new recreational faculty that has since been completed.

Quote from @Jerrell Randolph: Hi BP community I am a fairly new investor.

If you are new, be sure you can raise the funds before proceeding.In my opinion, you are going to have a hard time raising money with a 6% pref and 70% of the profits after that unless you have a lot of newbie investors in your Rolodex. 

.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.

I've finally decided to do a new member introduction! 

My name is Mason and I am a new member to the bigger pockets community. 

Did you do a variance analysis for this new build?

Quote from @Desiree Board: I'm new to investing and wanted to get some advice/perspective on 2 things...1.

I have a single family deal lined up now that I’d advise any investors new or seasoned to check out.

new investor but ready to get started would love to connect with other investors in the Dallas market hard money lenders and wholesalers