. - Fractional TIC loan: you can now own a unit in a building that isn’t classified as a condominium, yet from a financing perspective, will feel that way.

I appreciate your perspective on “appreciating assets” and agree.

Hi Tom,I would think about this from a guest perspective.

Amazing perspective from all. 

I would say that RentRedi is good from a general property management perspective with features for managing tenants and maintenance requests. 

You should consult a real estate attorney or tax advisor to handle the legal and procedural details.From a tax perspective, there are several implications.

But from a moral & ethical perspective, you may want to decide at some point to just eat it and accept write it off as cost of doing business.

It’s clear that the evolving market, especially post-GFC have shaped your perspective, and you’ve outlined some valuable points about the flexibility and challenges of private lending.The flexibility in ARV and LTV is such a huge advantage, especially for investors who might not have traditional financing options.

Quote from @Paul Azad: Beautiful property Blake, and great growing area, i drove through a few years ago, amazing scenerey and perrenial vacation spot, would you feel comfortable sharing the structure of the syndication for the investors, fees, projected IRR, or time weighted avg returns etc from a potential passive investor perspective?

As long as you are not a borrower, there is no note or loan that will negatively affect your dti from a debt perspective.