The best way to do it is when you actually live on the property, ie. a double/duplex, or just renting rooms in your home.It's an entirely different set of skills from long term rentals, but I disagree that it's significantly more complicated.

In addition, building into  the business model an intentional refinance in a short period of time, you are incurring double the financing costs, which eats away at your equity, and also resets your loan amount to potentially a higher amount if you are rolling in closing costs.

If they need any receipts/invoices, those are all in their portal.I personally would keep a spreadsheet to double-check numbers.

The reason is the sponsoray have taken 100% depreciation or accelerated depreciation and they may have to be given backThis is the double whammy of these types of deals.

You should certainly speak with a real estate attorney and then double check their solution with a CPA. 

Does anyone recommend a title company that works with wholesalers in either doing assignments or double clo songs.

So double check that plan.Personally, I will never pay off a property (I'll pay them down, but not off).

Sales prices have doubled in the last 9 years, inventory is ultra low, new construction is still not a factor, more on my YouTube channel, link in my bio.

It ended up he got a value of between $40K to $75K for an ADU addition that cost basically double the high end of that value.

The funds may feel safe, but they are likely not as safe as doing your own work.My fictional, perfect fund would have characteristics like the following: - Double digit simple interest yield.- Uses no or very, very little fund leverage (LOC for less than 20% of fund equity)- Lends in one specific location/region that fund managers have deep operational experience in and which has speedy foreclosure laws. - Multiple unrelated fund mangers with deep experience (so one can't get hit by a bus)- Lends at conservative LTVs, stage-gates release of funds based on project milestones.- All loans are in first position, with senior rights.- Lends only to experienced borrowers- Has good liquidity - 1 year lockup or lessThe problem is that no fund meets all of these criteria.