There is almost no understanding CPM- several multimillion dollar coliving start-ups have FAILED b/c they saw the demand for coliving w/out seeing the need for a respective form of property management (see HubHaus, Common, Starling, etc). 

It looked like the new aggregator worked initially, but now won't sync though fails to report there's a connection issue.

Know that if they pull an inspection and it fails, you will not receive any rent until the inspection passes.

Quality of everything is very heavily weighted, and penalized for failing at it.

I think I would probably talk to an attorney tbh these business purpose non regulated loans do not have rate locks that have to be honored legally.. they can and do change them unilaterally.. borrower accepts counters or declines and loan fails. 

@Sarah Kensinger Yes, I mean honestly I would put the money into it if I was guaranteed success that type of money is more for if I had bigger savings and maybe already had an airbnb business and was failing.

Hey @Monish Anand - Long distance real estate investing can for sure be challenging, but also forces you to dial in your systems or fail!

If all else fails, 😀 ReSure's got extensive resources on all these subjects in our educational platform (which actually includes some plagiarizing from Michael!

Wells Fargo ultimately turned me down because my specialist was completely clueless in general, and because she failed to accurately relay what I was telling her to her "internal contact" on the phone. 

This is one of the main reasons that HUD deals fail to close.