We're focused on solving CA's housing crisis by making it easier, faster, and less expensive to build high-quality housing units.

Do you have more info on the financials/cash flow?

Hi, this is definitely a great question for a lender/ professional financial institution advisor they will steer you in the right direction.

A debt fund solves the passive investing issue, but brings on other risks as well. 

My parents for burnt bad by the banks, that shaped my financial believe system growing up.Of course, you should not "feel" about money at all.

I too, live in Delaware (Wilmington) and work in the financial services industry. 

Best success on your way to be wealthy & financial freedom.

--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Just a lot of systems, paperwork organization, and staying abreast of/within the law (required notices, addendums, etc.).3) The screening criteria we use:650 credit score or aboveIncome 3x the monthly rentNo pets (depending on the property)No smokingNo evictions, notices to comply, or money owed to landlords in the past 12 monthsProof of income and financial responsibilityAdditional:First, last, and security deposit due at signing750+ credit score does not require last month rent (helps incentivize quality tenants)Best of luck!

In Austin, I know Horizon Bank has been open to more creative financing strategies too, so it’s worth checking with them.One thing to keep in mind is that the terms can vary wildly depending on the institution, so I always recommend reaching out to a financial advisor who’s well-versed in life insurance-backed loans before pulling the trigger.