If you have a rental that is in super high demand then you definitely don't need them because it will rent out regardless.I'm sure I missed something but that is just off the top of my head.

Super in depth, and helpful as I don't know much about those markets by you!

The property is in shaded area so it is really not super hot inside.

Super helpful.This community is always giving.

In my opinion, it doesn't sound like a bad deal.10% is more than you would get in treasuries and corporate bonds36 months is not a super long period of time.Seems like you are protected with 1st position.I would just do some background on the company - How long have they been in business, financials on how the company performed for the past 2-3 years, along with some background information on the sponsor/founder of the company.Best of luck.

I have no clue if this course is worth whatever but the land business is not super  easy and it does take a special discipline.

John Bianchi’s free course, which is about 30 hours long, is super helpful for anyone that’s trying to figure out what property to buy and how to design the property in a way that will allow it to be highly competitive in its market. 

I'm not looking on anything super dense in terms of units for the MF.

What it does say is IN ABSENCE OF A WRITTEN LEASE, the late fee is 10% with a 5 day grace period.This is super helpful, thank you!

Dang, that's super unfortunate.