The intent is the sponsor needs to know enough about investor to feel comfortable the investor has the financial knowledge and acumen to properly evaluate the potential risks and benefits of any investment and the financial stability to invest capital for a 5 to 7 year period.Topics of discussion with sponsor would be:Income, credit, job stability, prior investment experience either with real estate or other asset types, education level, occupation and profession, amount of savings or funds in retirement accounts.Hope this helps.

In my opinion, most risk management comes from proper deal analysis and not specifically what is in the loan docs.

They have received two blight violations for failing to store trash containers properly, resulting in costs of around $400.

@Tom Gimer  heck of a stretch of an argument…regulating commerce which IS specifically mentioned in the constitution as a government function doesn’t fall under any of those categories. 

Saint Pete proper (city limits) is a 30 day minimum but as you indicated IRB, Seminole and some others jurisdictions like Largo etc are legal.  20% CoC is tough, but not impossible. 

I'd love to buy from desperate sellers there.I don't know where you get your information about the Dominican Republic but it has very little to do with the information that I get from some of the best real estate agents, developers and lawyers and government contacts.Finally, my advice to everyone is to go beyond the trivial and do a proper due diligence, taking advice from the right sources.

I would just add that people should be cautious to only buy properties that have a legal, properly permitted ADU.

However, because Shellpoint has CONSISTENTLY FAILED to properly credit my accounts over and over, it is a non-stop string of emails stating I am past due, blah blah blah.

.- Purchase price: $250k- Sale price: $350k- Depreciation: $9k => Roughly ( ($250k*.50)/27.5yrs) *2yrs)- 2023 marginal bracket: 32%What is the proper taxation?

1) have a building inspector come out and see if your shower answer is legal, proper, and common. 2) if so, and there’s no other reasonable cure lower their rent for the inconvenience, offer to let them out of the lease?