If it wasn't fraud but simple incompetence (and he lost the money), then that isn't a crime and your options are more limited.Your legal contract (and/or the state laws the entity was incorporated in...depending on where) most likely requires the sponsor to share books and records with you (so you can at least know what happened).

Any advise on whether to or not to incorporate?

I called the lender and ask if they used an AMC and said that they used an individual appraiser. 

Active with licensed individuals.

But hopefully knowing the difference between lenders will help you understand what type of lender you are speaking to and what to expect.Difference in LendersSince portfolio loans come from each individual lender there will be obvious differences between each lender.

Finding STR viable properties and incorporating MTR strategy in slow months is what works best.Crystal Beach is an option as well as Palm Harbor - however a word of caution a lot of Palm Harbor is HOA and I would avoid that as well. 

For those reasons,  we decided to either keep the units until death and pass them along or sell them individually over a 4-6 year period (which saves some in capital gains as well). 

In my home town there are only a few family's that own most of the real estate and most of these individuals are getting up there in the years and are looking to unload some stress.

At the end of the day, no system, forum, group, website or coach will do the work for someone, they have to make a choice and take individual responsibility to take action and make it happen. 

Hi all,After being inspired by Brandon's and Joshua's amazing book, I have decided to join this platform to, hopefully, create strong connections with other like-minded individuals.