@Bhushan Shinkre  I was speaking about fraud against your tenant sort of like passing bad checks, but I don't know if you can do that.  

This is terrible and I really feel for you guys.

I walked to the house and met a man who says he was cleaning out due to the loss of their mother in some few weeks back.The guy told me she is  left with 12 years mortgage on the property to pay the bank.

They'll probably also want to be sure that you are competent to operate the property afterward, because their reputation is tied up in who they do business with, and it's bad for everyone if the property becomes devalued.

Bad NewsWhat do you want to hear first?

Good concept but so much red tape it does keep us little guys out unless the qualified developers are willing to bring us into their deals.

Just like most things in life there are good and bad to both choices. 

I have heard both the good and the bad sides of investing out of state and so I am curious to know what other's experience has been? 

If you guys have any suggestions that I can take a look at, it would be much appreciated!

I can't speak to the fund or firm itself, but I found Javier to be an upstanding guy.