Sec 8 here also inspects the home each year, in addition to your PMs inspections (if you have one).

The didn't live within their means, accrued a lot of debt, and it eventually resulted in them not paying rent and being evicted.Consolidating debt reduces their payments so they have more money available, but it doesn't automatically teach them to live within their means.

@Salome Ditmars In addition to what has already been shared on this thread, trusting the sponsor will be paramount to you sleeping at night, and I can't stress that enough.

In short, he could simply not return the money or the profit by saying that he had reasons of force majeure, without clarifying any additional details.

This will give you a clear idea of what the house might be missing, and or need and gives you time to make those changes/additions before your first group.Another tip: I think it is natural for bigger properties to have more vacancies during the week/slow season.

Since I’ve been syndicating real estate debt and a few equity deals for 25 years, I’ve made it my business to maintain a constant “overview” of the “product” being offered.  

I do qualify for being a broker which comes with some additional education etc. 

That no additions or remodeling was completed without a permit.

If you need any additional insight, feel free to reach out.Breeya Johnson 

Additionally, we are digging into BLS data to compare already existing data.