Fail #1, platform is not intuitive and doesn't tell new hosts that there is a "trusted partner" period where PAST verifying your property, you still have to jump through hoops to actually set up direct payments.

Use financing but streamline contingencies and shorten contingency periods.

Most of the time but not all of the time, I visit the property during the due diligence period.

The Tenant agrees to maintain an active renters insurance policy for the duration of the lease term and any renewal periods.

The option period is for 3 years.

So here we are, halfway through escrow period, and I'm very excited to watch this project come to fruition.Anyone on this platform invest in SL?

Very informative, short period of time.

I want to create a fund that will allow me to purchase distressed homes, fix them up, and sell with owner financing (possibly including a 5 year balloon so as to be able to recapitalize periodically and give investors a shorter horizon).

When wholesaling vacant residential land (city lots or larger residential parcel in rural areas) how long is the due diligence period?

They legally have to have this document filled out if they pay you more than a certain amount over the period of 12 months.