Then try to figure out if its best to have their funds go to a CRT or if we as a nonprofit can create a 403(b) plan for the investors.

I am considering moving back as I have family there and if so would plan to look for fix-n-flips to invest in. 

Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment:   - Took 4 months longer than expected   - Cost $10K more to build than we anticipated   - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!! 

In this case, your monthly payment with 20% down will have a good MARKET rate if your DTI works with a much lower month payment and no mortgage insurance(MI).

But as often happens, a certain percentage of my investments “go off the rails”, in other words don’t proceed as planned.  

Be sure to hold a hefty reserve to handle on-going maintenance, capex, taxes, and insurance.

Insurance actually yes my other subto just renewed on the 10th.

While I don't believe that you need a full blown business plan, strict operational budget, timeline, scrum board, etc...

The TX LLC is owned by a WY LLC (as per advice/plan I had received from Anderson Business Advisors).I have one STR in TX and one LTR in NC that are personally owned.

@Jessica Seppo,Many people take the cost of an LLC and funnel it towards more insurance and an umbrella policy.