In addition, a motion for default was filed against an outstanding mortgage for another $ 367k which was personally guaranteed as well.Keep watching the Kiyo v BTC and Dream CQ Holdings V BTC cases as both of these have a potential basis for piercing the corporate veil.  

They claim they guarantee I will be paid what I am asking for in long-term rent regardless of how my property would do as a short-term rental under their management.

. - Is it guaranteed?

Land Entitlement is one of the riskiest Real Estate investments for several reasons:1) High Upfront Costs with No Guarantees: We spend tens of thousands of dollars on due diligence to ensure the property is suitable for development.

You’d need all those zero and $7,250/mo just to earn a 4% return on that $275k when you could earn more guaranteed in the bank.

Tough to stay disciplined as "Past performance is no guarantee of future results". 

i keep seeing:1. buy out of state rental in a solid neighborhood with long-term potential (just as you are recommending) but then...2. have one rough tenant turn that costs a couple grand, and3. give up on real estate investing, and turn on everyone involved in the transaction for not guaranteeing that sweet cash flow in month 1 lol, yea there is a decent chunk of investors who get really butthurt by that one bad unit turn and just give up.

From there ones like Foundation Mortgage or Guaranteed Rate are super solid.

I can pretty much guarantee that you will loose WAY more money trying to get out of the lease then you will spending the extra hundred dollars or so to paint an additional room or two.

My question is what guarantees should I expect before paying?