Unless it’s a multi-unit property you have no duty to perform any type of background check & in almost every state massive increased liability from doing so. 2.

Just because you sue for performance the seller does not perform you as the buyer still has to. 

If you walked up to Michael Jordan and said, "I want to learn sports" he would walk away.

Particularly for waterfront or view rentals on oceans, lakes or rivers that historically perform best. 

We also discuss all the key players you'll need to create your virtual team because private lending is a team sport.

The insurance isn't a performance bond, it doesn't guarantee the job gets done to your satisfaction. 

If you walked up to Michael Jordan and said, "I want to learn sports" he would walk away.

The question is in order to perform the inspections must I put due diligence money down? 

And before anyone brings up volatility, the only reason syndications are not as volatile as public REITs is because syndicators never perform mark-to-market NAV, net of fees and carry, on any interval, let alone minute by minute.  

@Emily Paul here the best places for short term would be on the East End by the universities and hospitals, North Shore by the sports stadiums/AGH, or right across the river from Downtown/Oakland like South Side and Mt.