I feel it's important to get that information into the investor complaint to give whoever reviews the allegations a 30,000 foot view of the variety of warning signals on full display by this outfit. 

If you really want one then I would have one drafted by an attorney to make sure you are square on all issues, liabilities, scheduling etc.  

As an analogy to real estate… by starting of with a couple of smaller deals you will be on a much better footing to know more of the ins and outs of doing real estate deals so you aren’t a novice when you get to the 20 unit deal where if you miss something you don’t end up like the Tesla driver with lots of enthusiasm but not a lot of practical experience and you get burned.All the best!

I'd guestimate that almost .25 of Fountain Square is STR.

Engineer didn't note if there were frost free footings.  

They could be afraid that you do not understand the community and soon as you step foot in, you tremble in fear and back out.

Reposition the property to a higher and better use. 4 years ago we purchased a 10,000 square foot building used as a music school.

They stayed up to all hours of the night and apparently culturally were very heavy footed so for weeks on end they stomped up and down the stairs all night long.

I started out with value add, where we force appreciated properties by adding square footage and beds/baths.

After some investments in amenities (primarily hot tubs), our last 3 months have averaged 12k/m.This property is owned outright, and due to the size of the property, the small square footage of the units, and the lack of comps in the area we have found it difficult to lock down any refinancing.