We see this with MF investors as well, chasing the highest IRR%, which looks good on paper, but can end very differently on execution. 

These have a much higher CoC ranging from 18-30% depending on how involved you are, the property specific and its execution from a design/amenity standpoint to management.  

You can reach out to me via email, this is something a lawyer can review your loan documents and lease, prior to execution.

They're good to have open access to capital/cash/equity to a property ahead of time so you can execute a deal or purchase when the time comes on a split second decision (versus having to apply to a loan at that time which might take 20-45 days to get approved/closed/etc plus by that time you dont know what your future income/credit/assets will be like in order to qualify anyway).The second use is sleep at night factor and having a reserve of capital in the event an emergency event occurs in life.For these two reasons is why I use lines of credit.

.), easily get cold feet, battle financing issues or sometimes just ghost you at closing.Selling a home to a tenant is probably the better path (lease option), but you really have to work with them every month and coach them to get them ready to buy the home, otherwise, 70% will not execute. 

I use Executive Villas and they just charged me $500 to repair some table legs and replace the batteries on a remote.

It's great to dream, and dream big, but then you have to create a plan to reach your dreams - and THEN execute the plan.

People who did it wrong and weren't able to execute.

While debt can be a powerful tool in real estate, over-leveraging can increase risks, especially in volatile markets.This strategy, when executed well, can be an effective way to build wealth through real estate.

nice, we've been looking at making one of these in-house, seems like a challenge but if executed well should payoff quickly