The front end can sometimes be tedious to get approved by the local housing authority, but rent payments are always timely.

Sounds like they are dumping a bad 1031 property into a REIT and spreading the financial burden upon existing REIT members. 

For yourself, I'd save up enough to be able to house hack, and then house hack.Hope that helps.  

My favorite way to find a mentor was to look on Zillow for houses for rent in your area and then click on the ones that are 'for rent by owner' then call them and introduce yourself as an investor in the area who is looking to meet new investors. 

Consult your tax professional: while podcasts are great, make sure you have an existing relationship with a tax professional you can trust.

One lot has a 2 bed and one bath cottage that was an existing STR. 

Tenant chose to stay in house during repairs citing Renters insurance declined coverage.

Get a copy.2) Bring your trust documents to any bank and open a trust account in the name of the plan with you and your spouse as the trustees.3) Transfer your existing 401(k) funds into the checking account associated with your 401(k) trust.

If my stories scare them (and they often do), they should NOT be investing in Detroit.But I'm equally tired of the narrative that these sorts of houses don't work as cash flowing investments.

SFR houses will only appraise based on comps.So unless someone was paying cash you can't get more than they appraise for.The camp ground is a different story.