You'll have a property manager do the management (so you being close to it is not needed).Yes there are risks for some people to go out of state but if you learn the techniques like I have, you'll see it's actually easier and far less risky.

Their actual return is 3.1%/year on the equity in which they've acquired over that time.

@Nicholas DillonI concur with @Vessi Kapoulian comments.Promised or projected returns do not mean actual returns.

Hopefully, based on actual field measurements, past project data, and estimating software, your contractor can develop a detailed estimate that lays out the cost of labor and all materials for each phase of the project.

Our actual carriers used to be Secura, but they seem to be getting out of a lot of insurance lines or pricing so high as to have customers drop off, and we just moved policies in Nov. to Hanover Insurance. 

Hi Andrew,Actually, I would really appreciate suggestions for specific models.

But in terms of the upfront fee, this is actually common in a commercial loan.

If they meet the requirements for a PE right the only way to actually confirm is again through the courts where a judgement is made.

You can question all you like, but if the unit isn't actually working and you do nothing, that's not cool.

Btw, I’ve found that these types transactions actually work better when used to purchase/sell COMMERCIAL property. 2.