Just wondering how you feel about the unique challenges NOLA has relative to economy & climate change (insurance), population decline.  

Many Cleveland investors are comfortable with cash flow between $100–$300 per door, depending on the property and location.Given that the purchase price is $123,000, it suggests the property might not be in the best neighborhood, as Cleveland’s more desirable areas typically command higher prices.

The conversation, as well as this decision, left me wondering how many insureds are denied policy coverage and cannot afford to bring a suit against the insurer and are unable to recover their loss.

This is very different than other markets where the majority of homes were built after 1960.So, I suggest first learning your market.

Ted Lasso suggests that we be curious instead of judgmental.

You know, I’ve had a few moments where I’ve scratched my head wondering if I was getting too cozy with my home equity, but pulling out those funds for a strategic investemnt has, more often than not, led me to some pretty sweet opportunities.

While I don’t suggest that the smaller type investor purchase and utilize “exotic” vehicles like foreign asset protection trusts, family limited partnerships with outside controls, or Byzantine or convoluted maze of ownership entities, the more simple strategies of using Series LLCs, self directed retirement plans, and paying off their home mortgage to the extent of the Federal BK homestead exemptions can insure that a plaintiff attorney never even considers going after them.  

So when you say that you prefer the syndicator gets a fixed % of all the profits, are you suggesting you see better alignment with the GP just getting a straight split without LPs getting preferred returns?

To your point, I am finding it hard to"fit in" to the equation but appreciate your suggestions!

I am wondering who else does land development/entitlement in Ogden and Weber County as well as the best Cities to do so in.