I've read stories of investors who wired money, were told the fund was closed and offered a prom note alternative. 

Alternatively, you're a 5 minute drive to the resort.

Alternatively, you can look into filing an affidavit.For the court hearing, be prepared to have all dates and proof to show the judge non-payment and any dates/times you interacted with the tenant.

To navigate this, consider options like keeping your current home as your primary residence while house hacking a multi-unit property, using the HELOC funds strategically before moving, or exploring alternatives like a bridge loan or cash-out refinance.

Are there any red flags I should watch out for when dealing with buyers who propose alternative arrangements like this?

I am reaching out to inquire about the subletting policy for corporate leasing opportunities I am interested in exploring the potential for flexible rental arrangements within your properties.Could you please provide me with information regarding your corporate leasing policy and whether it allows for subletting or alternative rental arrangements?

Compare these with potential financing alternatives, like a DSCR loan or other commercial products.Exit Strategy: What’s your long-term plan—hold for cash flow, refinance, or sell?

Do you have alternatives @Nate Marshall?

A total cost of 6.3Mn over 23 units equates to 274K/unit...this appears unbelievably low for San Diego...I'd want to see full development budget detailing hard, soft and financing costs as well as month by month projections showing construction and lease up cash flows.What's the 2.2Mn purchase price for?

YoutubeTV is a great alternative to cable for local news, sports, over-air stations, etc.