If it wasn't fraud but simple incompetence (and he lost the money), then that isn't a crime and your options are more limited.Your legal contract (and/or the state laws the entity was incorporated in...depending on where) most likely requires the sponsor to share books and records with you (so you can at least know what happened).

Hi BP -- I'm currently working on my first House Hack. I'm debating whether or not to fix old sewer waste pipe. It is a huge ticket item and can eat ~30-40% of my reno budget.Today I did a walk through with plumbers a...

Some HOAs will limit the units that can be rented ...connect with a condo specialist  realtor and you should get a good idea of whats possible ...if you will need a loan - get pre approved ...loan pricing for a 2nd home is  similar to pricing for a rental property

Any advise on whether to or not to incorporate?

I’ve worked in the RE industry in the past so I’m no stranger to it, though I’m not an agent.My general approach is to 1) get pre-approved on FHA loan and 2) work with an agent to find off-market deals willing to work with FHA process.Open to any advice, but here’s some specific questions:Advice on general approach?

Pre-understanding of the area/market, willingness to fix and live in an outdated and damaged home.

Do you pre-hang a universal wall mount so that tenants can use it?

They'll also confirm there aren't any other liens or encumbrances on the property that need to be disposed of pre-closing.   

Finding STR viable properties and incorporating MTR strategy in slow months is what works best.Crystal Beach is an option as well as Palm Harbor - however a word of caution a lot of Palm Harbor is HOA and I would avoid that as well. 

So have your proof of funds/pre-approval ready.