I think the main issue is believing that unsecured prom notes are Guaranteed. unless I saw the note and the note stated that ( which I highly doubt) the return of funds and payment of interest solely rests on the full faith and credit of what was invested in and the sponsor..

Our plan is to rent each of the 3 bedrooms of the main house as mid terms and the in-law as a long term (already have a tenant in there).

Mainly because home inspectors already have tools and systems for quickly generating thorough inspection reports to help you negotiate credits, concessions, and/or price reductions. 

I have several homes and lots in the Woodbine area and it's one of my main areas of focus at the moment. 

In fact, there are many reasons to hold your real estate outside of your personal name  for asset protection & business/  succession planning purposes.

I think the main thing he needs is someone who will counsel him and put the brakes on any foolish ideas.

Congrats - would you ever buy in this market for pure investment purposes or do you think its mostly just a good market for a owner-use vacation home?

Do you get reports from Evolve telling you what channels you mainly get your bookings from?  

Main difference is that they also handle taxes.

. - The payments are now 60-90%, principal, which is great, except for tax reporting purposes in 2023 showing a profit.- 2024 almost much every possible repair imaginable was needed among the units, so the headaches and costs were compounded - now the properties are buttoned up for the most part and we'll probably show a loss for 2024 taxes.- We don't cash flow at all because we were bullish on the BRRRRs and also did some flip rehabs using some of that equity and pocketed it years ago.