We live in Charlotte so my target is Blowing Rock/Boone for convenience to Charlotte, skiing in the winter, cooler temps in the summer, etc.  

The 6 month redemption is kind of a red herring.  

I checked into what I thought was two on a lot in Little Rock, AR:  6618 and 6630 West 30th Street.  

Be very careful as a remote transaction raises a lot of red flags.ThxChris

Sounds like a few red flags to me, no keys to house and they are telling you that you may not be able to inspect the house. ??

OFF shore bad english etc etc all HUGE RED FLAGS Caveat Emptor 

@Danny Wu - thanks and best of luck to you too@Dave Bolduc- I have been researching the East Rock area as a potential invest location but find the swift changes from neighborhood to neighborhood difficult to judge without knowing the area better.  

Even though I love cats and have 2 of my own, the tenant disobeying your rules like this is a big red flag.

East Rock appears to have some serious potential 

Real estate investing 101.Hard money lenders usually lend 65-75% of the project cost, charge 12-14% and 2 points for origination. 12% fees is a huge red flag, the only you'll get from "Midwest Corporate Credit" is an ulcer from the stress of losing $7,200.Raising $60,000 isn't too difficult, if you talk with friends and family and maybe a real estate attorney or two you should be able to raise it.