If they don't name all individuals in the beginning of the lawsuit and sufficient time passes, they cannot later add defendants to the suit. 

The people telling you to stay away from Greenville are closed minded individuals who don't like growth and change.  

Fundamentally the point I was trying to get across in my original post wasn’t about my due diligence, its that the cost of known and unknown repairs when you first acquire a REI is way higher than people seem to anticipate.The way my tax person explained it is the 25K limit you’re talking about is the limit to losses you can claim per property per year, I haven’t hit that for any property individually so it works out.

I’m unsure of my next steps but would love to talk to other like minded individuals.

I also like being able to set up virtual credit cards and time them to individual properties.

In my firm, we underwrite the Sponsor as a company in addition to their individual offerings.

It serves many benefits for both buyers and sellers and if a law had been passed long ago that all such private transactions were required to be serviced through a thrid party, we would not have as much regulation addressing the issues we have today, specifically, the individual investors under the SAFE Act!

You are given about a week or 2 to become familiar with the software and then you get a 1:1 call with Peter Harris for a strategy session to figure out how he is going to be able to help you in your individual situation.

@Jeremy SandersPrivate money is money from any individual that is not hard money, bank money, institutional money, etc.

Still each house is an individual transaction.