I would be very surprised if they are just keeping your money.

Knowing exactly what’s happening with the duplex—rents, repairs, tenant feedback—can help you catch issues early and save time, stress, and money in the long run.

I know California is still famous for clawing back the taxes owed eventually on a 1031, I don’t know if they are the only state that does it.

If things go wrong on a $500K flip vs $1.5 million flip it is much easier to correct and you risk of losing money or not making the profit you want is quite a bit lower.

Yet they bought a portable machine that could only wash one outfit at a time to save money.

The increase of the money supply in 2020 is quite simply the cause of the inflation we saw in 2021-2023.

Money is available IF the following criteria are met1.

I personally dont do any of that.. every market / or most will have an active fix and flip sector or buy and hold sector the important thing to me is the operator full stop.. great operator will do well in any market and all the national data simply is noise at least at my level. ( loaning our own money and JV deals with our own money)  we dont broker or anything like that.

So buyer beware, he makes it sound good to get your money, then tells you you can get a refund within a certain number of days.

Quote from @Marc Shin: Hello - is it worth spending money on boardgames within an STR?