The sales pitch was that inner circle members get access to exclusive deals like hard money loans, 1% ownership opportunities in various investments / funds, and joint ventures as well as regular educational trainings.

I encourage you to interview property managers to determine what their approach looks like when managing properties for an investor who does not reside in the market where the property is located. 

I'm thinking of doing this myself and trying to determine what this is going to cost me.

Insurance is still an annual dog fight via my broker.Read your policy very carefully, consider replacement costs will probably be higher than estimatesResiliency is a requirement here.As far as sell or not....it'll depend on your determination to be here.This ain't the burbs of the bay area.Prepping for heavy rain right now.

My client had some things come up that prevented her from executing, but these were some of the options I had put together for her, a regional bank, a regional CU, and a national bank.Reminder that NOI sizes CRE debt, and that's often what determines the down payment requirement, not anything to do with the client or particular lender, just the property itself.

But since we are still small, we (the ownership) don't have any set titles as of now.

@Aaron Zimmerman Good point about structure set up and determining cost bases.

Direct booking website, highly attentive to guests needs and experiences and consistently enhance the property during ownership.

Did you property appreciate for the 1 year that you had ownership?

Its a very poor situation for the original owner to be on the mortgage for years and years without the benefits of ownership and the control.