The best thing this community can do is encourage your son to run far away from a subject to deal.

Hello Lenders,I am a private money lender.My question is---When does the seasoning period start?  

Learned all the lessons needed on this one for sure.I am now feeling the positive pressure from the huge mistake and looking to leverage all the resources I can to make sure I do long-distance real estate investing the right way from here on out.GOAL: I plan to purchase 3-5 SFH to hopefully cashflow $2,500+ in the next 2-3 months.

They require all cash to buy so the people there have money.

If a newbie doesn't know how to do basic due diligence on an investment, they also don't know how to do due diligence on a coach or how to evaluate a coaching contract to understand exactly what the student will receive for their money.

How did you find this deal and how did you negotiate it?

Do you have any advice on particular sites to look into to find tenants like this needing placement?

I am out of Manchester and happy to help.

Do you even know why investors create an LLC, or multiple LLCs?

Let me know how you’d like to proceed!