And even if they do, they can change that at a monthly BOD meeting.Plus, since you are going to have to hire out the 1) Property Mgmt, 2) Repairs and maintenance, and 3) cleaning, your profit margin is going to be very slim, particualry in a condo (which will have a much leaner net profit than a basic house.Not trying to be a downer, but I'd suggest looking at another avenue for REI. 

In short, he could simply not return the money or the profit by saying that he had reasons of force majeure, without clarifying any additional details.

Quote from @Arshiya Taami: I am planning on purchasing a profitable business with its real estate included in florida and the dscr is 1.85. the problem is im just short of 600k for the down payment. that being said, can anyone provide me any reputable loan companies that will offer bridge loans and what their requirements are. thank you in advance! 

You don’t get CA level appreciation in Kansas City.Some areas are high crime so need make sure you understand the neighborhood you are investing in, like any city all locations are not equal.Very car centric city, mass transit is not widely used, people don’t walk, they drive outside of a few very walkable locations in heart of the city. 

In short, don't cut corners and it will profit you later.

It is a good course.Doing PML correctly is a lot of work but can be very profitable if done well.

In a few years if you want him out you can transition him to another unit.

But, if you don’t want to go through all the trouble – and your manager does not want it too – then selling is probably the better option, all the more so if you are witness to a good market, and you stand to make some ok profit here.

He had a successful flip, and sold it for a profit within seven days on the market.

I've been an investor for 18 years but transitioned to commercial 8 years ago and the deal flow side of things is way different than 1-4 family residential.