About 1/3 are still not providing distributions but their cash position is strong and I'm not concerned about them potentially selling at a loss. 

That's fun - two first time posters singing the praises of this program One of which, Nick, works for the company based on his LinkedIn profile. 

Saw you were based out of Riverside - are you thinking of wholesaling there?

Based on the quality of this particular home, my rent estimate may be low.Note: you have to consider other factors.

Based on what did end up in the house, she spent very little on actual decor for the house.

What are your returns like, is it a strong STR market?

Absolutely, @Cynthia Lee happy to refer you to either of the Portland based attorneys I have experience working with.

There is a "sponsor exemption" but that only allows an unlicensed person to raise money but it cannot be more than 50% of their duties and the pay they receive cannot be based on how much they raised.If you have never raised $, a family office will be off the table as they typically want the company to ahve atleast $50-$100M in assets. 

Anywhere that is high cash flow also means high cap ex and tougher tenant base for the most part so as a new investor, that's not going to be great.

I read some articles stating that it appraise 100times of rent sometimes appraiser appraised it based on income generated by that unit. is that true statement?