The overall LTV (including all 3 mortgages) will be key and your selling point will need to be that the 2nd mortgage ($8k) will burn off in 2.5 years (based on your surprise that it was even out there, I'd recommend that you follow up in 2.5 years and ensure that it's been satisified, so that it doesn't surprise you again in the future).Does the $8k grant vest over the 5 years? 

But honestly I don't care how many courses you take you must have a local team or you will crash and burn.

Probably something like 1-2 properties a year, more of a slow burn building it up as a portion of my asset column with the goal of trading up into better real estate over time. 

There is certainly a limit to my generosity (also, people like that tend to burn bridges quickly). 

He pretty much burned his bridges with a lot of people.There was one good thing that came out of all this.

Florida is a state that does not fool around when it comes to foreclosures as if you do not have your i's dotted and T's crossed you can get burned bad.

@Jonathan S. you'll get burned if you buy real estate rentals and do not, "manage your manager".Even the BEST make mistakes and no one can catch every mistake.So, it takes a team effort between a PMC and an owner to make it work:)

Other's are cautious to share their resources so they dont burn bridges if things go south with a referred investor.

I was burned out on renovating the property. 

@Melanie P.Thank you for your response.I agree with you there are a LOT of garbage syndications out there and I know a lot of people that have been burned by them.