Transparency, regular communication, and clear milestones have been critical to making this successful.For those of you who are considering working with private lenders or want to improve your deal structure, I hope this gives you some food for thought.

I'm going to be checking my BP more regularly.

The differences lie in how they aggregate, update, and present the data.

I will keep you updated the best I can. 

I would assume they are providing frequent updates to investors on a monthly basis, including status updates, property updates, and fund updates to maintain communication.

Just curious, is there any tax benefit to filing as a regular partnership and issuing k-1s to ourselves that show a loss?

You could hand it to them, send it certified mail, or send it by regular mail, email, and text. 

The data they pull from the tax records on how much a home last sold for, often not updated, or completely wrong.

I'm considering investing in STR in Hawaii to diversify my investment portfolio (mainly for capital appreciation) as well as it being a regular vacation place for my family.

Miami Rental Market Update: Rents Drop $200 as Affordability Remains a ChallengeMiami has officially ranked as the second-most unaffordable city in the U.S., but there’s some good news for renters: local rents have dropped to a 3-year low, with decreases of up to $200.