There are also fees but they are extremely minimal in my opinion. 

If they refuse or seem evasive, consider it a red flag.Financial transactions require trust, and unfortunately, my experience with Century Key Capital has shown me that borrowers must stay vigilant to protect themselves from hidden costs.

If they encounter difficulties, they can consider Delaware Statutory Trusts (DSTs) as a backup option.

I probably wouldnt trust it 100% with that though unless I input all of the data that I have from my analysis in terms of ARV, rental rates, rehab rates, etc. now that I type it out, that actually would be a good idea aha. 

You would need an extremely high grossing property under market value on a something like a 5 year lease to profit, and you probably will not profit after startup costs until Year 2 or 3.Do not even think of trying it with 1/2 bedroom apartments or condos nor 2/3 bedroom homes. 

(See California for an extreme, but realistic, example). 

But she loves the idea of owning real estate and the financial wealth it brings.When I found my first deal, I showed her the potential upside and she trusted me.

Commingling trust accounts is the number one way Brokers lose their license as such I NEVER had a trust account.. but then again I never did PM just general brokerage..

Over the many years I've owned this place, I've only once deducted minimally from the security deposit because a tenant left an extreme mess. 

Salt air can deteriorate houses and components faster than markets without salt air.The final piece is finding a market with a quality team or teams that I like and trust.