Part of what makes it so different is that it’s tied to a zero balance sweep checking account.

Not legal or accounting advice but when someone says that it would Make me nervous about type of work they do as if they cut corners that way what other ways they cutting corners

Now many states that I'm familiar with have statutes that cut off ancient claims and interests. 

What they did was hook up with one of the professional seminar producing companies that have fine tuned this crap to be able to hook people wanting a better financial future into spending $40,000 that will most likely never result in any income, let alone change their life’s.People buying these mentorship programs are hoping to be able to cut short the process of education, experience, and capital needed to be successful in this endeavor.  

Then they get the appraisal done, and the ARV looks too low, so they have to cut leverage to the 70% LTV loan amount. 

The reason you see a person’s name and all their entities listed in a lawsuit is because Plaintiff (the suing party) attorneys have to list everyone and every entity that can be remotely tied to a cause of action, otherwise, if enough time passes and through the legal process discover that a separate entity or just a person was truly liable and they didn’t name them in the lawsuit, they are out of luck.

Tenant Preferences:I would have clear cut criteria for selecting tenants.

Right now, as I said in an another thread months ago, once the rate cut is near the small cap: large cap ratio will tighten.

I’d like to put an offer in but will need to find a hard money or private money lender because all of my money is tied up in two other properties.

I am hoping that this, combined with the expected rate cuts, will make it easier to find good LTRs next year.