Most of the sponsors do not have full real estate cycle experience but a relatively smaller number do.2) Most of these deals are protected under nondisclosure agreement.

You will recall that your Note allows Norada to convert the outstanding balance owed into equity and that it can redeem that equity in the future by repayment of the Note principal in full.

I gave her notice in February of 2024 because she wasn't able to pay full rent.

Now I'm being told that because of the charitable contributions listed on the corporation paperwork we need to submit a full appraisal to the state and that the state attorney general needs to approve the sale.

There marketed value proposition is about FULL-SERVICE at _____ pricing.

For the refinancing question, if you are adding square footage, adding a bathroom, or adding a full room etc.

It's really hard to give financial advice without having a full idea of what you're trying to do (fix and flip, buy and hold etc). 

Once it is legal, it appreciates at full value.  

We fee like a conservative approach will let us go through the growing pains of better understanding real estate investing without the worry of being over leveraged to add to the stress while we are both still employed full time in our careers and do not plan on quitting our jobs to go fully into real estate. 

Then refinance it in 12 -24 months to take cash out and convert to a full time investment.The other property I would find a Duplex or 3-4 unit in or around Crystal River and set it up as a STR.