This person did not raise any money, they invested around $600,000 into the offering and because they were one of the larger investors were considered a Co-GP because it was a new sponsor and they needed this persons $.

For mobile homes, it often depends on whether the property is considered real estate (attached to land) or personal property (if it’s not).

It can be a very good market, but the why behind your choice may help us give you better advice on how to move forward.Before realtors and property managers, you really need to meet other investors so you are making a good move by trying to do that here, but it would be better if you could do it in person.

Highly suggest coming out to some of the local chicago IN-PERSON meetups! 

Told them to do a drive by and call me back with an offer :)The person who called you probably just spent $15,000 for mentoring and “education”, and is now in panic that his 250 cold calls have not produced anything .  

We would want to use it for personal use probably one per year. 

I dont know Nathan personally..

Just my personal opinion - get a mentor or a person who already has good experience running STR business, preferably in your area (but not 100% required). 

If not from the person in office, then definitely from the person running against them.

A contract is only as good as the person enforcing it.