NIMBYism can never defeat the immutable law of supply and demand.

He also stated that they don’t have to sign it nor is there a timeframe but wouldn’t that defeat the purpose of having the mortgage contingency if it doesn’t protect my earnest deposit.

Allowing someone to simply stay hurts you and defeats the purpose of an investment home. 

Market Data:Pulling all home sales in the past 24 months that sold for under $300k:Median 1 BR $168,000Median 2 BR $174,900Median 3 BR $205,000Median 4 BR $229,500Median 5 BR $207,000I kept it under $300k because a) a lot of turn key places are more than this which defeats the purpose of BRRRR, and b) this felt like a typical range for what “normal” people can get as a second mortgage (ie a passive investor who brings the money and/or mortgage, depending on the property).

Sorry you can't victoriously fortnite-dance in your living room after giving a defeating retort to my comment.. and then finishing off with what you mocked in a previous post and "Tell someone on the internet what to do"?

I think we are much better at going to a country and defeating its government than in controlling the country afterwards or rebuilding it into some kind of civilized place.

The best way to defeat this objection is to rely on the resume of your JV partner and a strong builder track record.

Pretty much defeats the purpose of precious metals. 

Doesn't defeat the purpose of him getting a broker's license if he doesn't have a source yet where he can buy/sell notes, minus some education he will get from licensing laws in the note business?

As a buy and hold investor, appreciation is the last on my list, it will come over time, am not too worried about that.A positive cashflow is a must for me as otherwise it defeats what I am trying to do, which is to essentially use real estate to find financial freedom.