Those not struggling financially to live here can live where they want.  

Someone paying 1,000 likely wants 100 hours of time as they will struggle with lots of stuff and blame someone other than themselves when they don't follow all the steps because they are lazy or don't want to put in the steps to lay the foundation.The foundation isn't sexy.

Years ago I had a friend that had been laid off and was struggling to pay the bills while looking for work.

And a whole other matter is the fact they may use/direct some of these new funds to prop up their struggling funds...

Here are some key red flags to watch for:🔴 Lack of experience: A borrower without a proven track record in real estate projects may struggle to navigate unexpected challenges.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.

A lot of landlords, especially mom and pop landlords, have pain points and struggles in being a landlord.

Many of them struggle to relinquish control and delegate tasks to specialists who are better suited for those specific jobs.

At least in my market (Los Angeles), many complexes have been struggling financially.

I saw what happens when these things start to go south and from my mind most of these companies that could be struggling now simply do not have enough staff to handle all their investors needs in a timely fashion and when things go bad like we see posted on BP right now lack of up front communications leads to Investors going out of their minds with worry and the blame game starts.

It’s the latest struggling brand that REV has purchased, joining Pier 1, Modell’s Sporting Goods and, most recently, RadioShack,” ( Link ).These references reveal the depth of the Norada Capital Management deception.