Quote from @Chris Seveney: Quote from @Jay Hinrichs: few things if these are sold to homeowners were the dodd frank rules rigidly followed when you did these.if they are sold to investors then DF doe not come into play.while credit and such matters keep in mind note buyers will want a 12 to 20% or more annual return..

Depending on how bad the conditions are, accrued pref may never be paid out and original contribution may not be returned in full.If pref equity's original capital contribution is not returned in full, common equity is in even worse shape.

I've had low returns but in general all have made money.

The reality is that makes the LLC easily pierceable, thus giving you no protection. 

Now, with me being back I'm returning to my original plan of wanting to house hack in the Greater Boston Area.

So far, it's been an effective strategy, and I've gotten some really good returns utilizing it.I think more property managers should consider it.

This sounds like a solid return!

Not what we are looking to do and all the MLS listings just don't pan out numbers wise so far.That's awesome that you got some returns on flips and found some buy & holds recently. 

Depending on how upscale your finishes really were, you could have that built in this market for 300 to 325 per square foot fairly easily right now.

Im at base pay since I Just started, top pay at this job is at 5 years and we make 100k base pay, there are guys easily clearing 160k due to OT and other extra money functions. we also have a lot of opportunity to move up in position, Supervisors clear 230k like nothing so right now I'm not making much but long term this is one of the best city jobs to work.