We do full renovations, baths, kitchens, small jobs big jobs - all the jobs!

You will recall that your Note allows Norada to convert the outstanding balance owed into equity and that it can redeem that equity in the future by repayment of the Note principal in full.

Nice try, but no cigar.3rd warning: only paid stays count, and only full-price stays, not discounted favors for friends and family.

Continuous participation.This is great if you are talking about an SMB with effectively connected Real Estate.Note rental activity is considered passive unless you meet the RE Pro threshold of 750 hours and more than 1/2 your time.This is the conundrum for passive real estate investors.If you have a full-time job or a large, time-consuming business it can be difficult or impossible to qualify.A huge loss from depreciation if you have one LP investment isn’t going to do anything for you.

I used to be an Agent attached with a full-service broker.

I recommend a full inspection before occupancy, at least one per year, and a full inspection after they move out.

Of course, in hindsight with what the market has done, I wish I'd gone full steam ahead, but in the moment I was playing it cautious.I'm also looking for income to quit my W2. 

•Pay these accounts in full and on time to build your business credit profile.

I could just see an attorney attacking this full blown as selling securities... because this is what the people think they are buying a gurantee of sorts..

Welcome to the forum @Chris Primavera.Seeing as you are brand new today, it would be good for you to search on the forum for those areas and read everything there is about those markets.Grab @Avery Carls book Short Term Rentals Long Term Wealth and read it. https://store.biggerpockets.com/products/short-term-rental-l...It is chock full of info that you need.