Buying in small towns can also limit you access to trades or they charge you more for the trip. 

They would never look at 99% of the 154 units that are listed on Zillow at any given time.I used this exercise to show how opportunities fall through the cracks & most investors make investment decisions based on bad or irrelevant data.

Those decisions are really yours to make and are dependent on your goals.Hope that helps!

Now, here is key thing to remember, it's almost double what most other western nations are currently trading at......

(The exception to this is loans based off prime which would typically be home equity lines of credit as the Fed funds rate does affect prime) The Federal Reserve meets 8 times a year, while the bond market which actually dictates mortgage interest rates is traded every second of every day of the year.

Private placements are inherently risky by that very fact - they are not regulated or audited  to the degree that a publicly traded company is.  

While I manage 65 or so units and we allow the owners to make that decision, I also own quite a few units myself. 

With the current market been short on single family homes in our area we have made a strategic decision to pivot back to flipping a few properties. 

This is better than not speaking with your aunt, letting the problem linger and likely worsen.From my experience, in New York, the ultimate decision will depend on many factors and Liberal judges (as told to me by others with way more experience in these matters) can rule in favor of someone with a sob story. i.e.

Names Christian, I’ve, been doing real estate investing for bout a year now, worked on my first property which wasn’t the best ideal situation, but it was an amazing learning experienced that I wouldn’t trade, made a lot of mistakes that after all the classes and events i have attended i am learning where i went wrong, and really in need of a coach to help guide me in the right direction, i do have a game plan in place and the goal i want to reach  just need to be helped its a path.