I'd love to find some other people who are currently invested with Fairway America and - ideally - in this exact investment.Thanks,Matt BrownFairway has put out a ton of deals in a variety of real estate asset classes and strategies.

Investment bankers are usually looking to lend to a LLC vs an individual.

And you now have to file three tax returns:- partnership tax return- your individual tax return reporting 1/2 of the partnership losses- your partner's individual tax return reporting their 1/2 of the partnership lossesAnd while partnership return can be DIY-ed, it probably should not be.

They don't allow auto payments or automatically add late fees, and tenants would have the option to pull their payment back, which is not ideal.

You probably don't want to live next door to tenants; ideally, they would just think you're also renters. 

A zip code average of an area does not represent an individual property’s characteristics.

I am conflicted on whether to use the 500K on one big property (ideally multi-unit) or buy several smaller properties.

But I think it has more to do with how different individuals handle what is technically an invasion of their space and privacy.

At minimum I am going to get $1500/month but ideally more if possible.

(End)Unfortunately, HOAs are often ran by individuals who are not the most knowledgeable on regulations, accounting practices, and more - and property managers do not want to intervene for fear of losing the contract.