The cabinets were great quality (all wood) for a fraction of the price of the local retailers. 

HML in general don't sell notes the investors put up their funds and are part of the origination.. now in my day I had a big line of credit so I funded the loan and would assign out interests as needed although here in Oregon you can't fractionalize beneficial interests so little tougher on the guys here.in CA it was primarily fractionalized interests..

Plus BP put him up on a pod cast which created a ton of business for them as you know there can be an irrational exuberance about anyone who has done a BP pod cast myself included :)So fast forward to those that bought and it turns out.. the ground partner has gotten a cease and desist from the state and a revocation of his license and you know that's hard to do.. those that wish to post on BP which is probably a small fraction of those that even know this site exist and a small fraction of the people affected and willing to post they got a bum deal.. the feedback is.1. houses where they paid for rehab rehab never done.2. being told by morris their house is rented getting rent checks.. upon physical examination of said asset house is not occupied and has not been.. so just fronting rent on non exisitant tenants.. ( again what other local PM's have said when they are contacted by Morris buyers who are feed up.) 

If you don't want to go whole hog and do all this preparation and certification yourself, a fair number of these players seek out joint ventures with landowners of the right kind of land, which usually has water on one side and sells for a tiny fraction of surrounding acreage that can actually be used for ordinary purposes. 

I would suggest a lease for the entire lot so there is no dispute or effort about how many trucks were parked for how many fractions of a day.Is your lot fenced?

I imagine you could have achieved the exact cashflow if not more with a Multi Family property in a fraction of the time and possibly costs.

We are doing most of the development work in-house at a fraction of the cost.  

A lot of the deals we've vetted and ultimately ended up fractionally investing in this year as an investment club have targeted pretty immediate cash flow.

For example:Please visit my website to learn how Nouveau Riche University will teach you everything you need to know to become an investor at, most likely, a fraction of the cost and time it would take you to learn it alone.Student loans available.Best of luck to you whichever path you decide.Regards,Jen Silver, PresidentROI Capital Group, Inc.WEBSITE REMOVED"ROI Capital Group, Inc. creates Real Estate Investors.

Is the 30 unit all enclosed by itself or part of a fractional development with other buildings??