Out of curiosity, what market are you getting turnkeys for $65-75k?

Interest accrues each month but there’s no repayment schedule you need to adhere to.

I do have quite a bit of experience estimating rehab costs, (I’m a project manager for a contractor) so I think I’m pretty good there.I don’t have any concerns about the legal stuff, as I don’t intend to commit mortgage fraudJust out of curiosity, if you don’t invest in duplexes, what do you invest in?

FEES UPON TERMINATION: At the time this agreement ends, Owner must pay Broker:A. all amounts due Broker under this agreement; andB. if the Property is leased to a tenant on the date this agreement ends and Owner terminates thisagreement, an amount equal to the lesser of:(a) the management fees that would accrue over the remainder of the term of the lease; or(b) $ .As per 12 B aIf more than one property or unit is made part of and subject to this agreement, this paragraph appliesonly to those properties or units then leased and applies to each property or unit separately.How to interpret this sentence: "...the management fees that would accrue over the remainder of the term of the lease..." 

Originally posted by @Rita Medeiros:Come to our women’s group November 27th listed on events page.Out of curiosity do you ever contribute to posts or just promote your event every single time? 

@Alina Trigub suggested that a pref is not always cumulative....does that mean for example if given an 8% pref, if the deal returns only 6% in year one, the 2% shortfall does not get accrued to be paid out in subsequent years before the sponsor gets their cut?...

Just out of curiosity, what do your KPI's typically look like? 

Than identify to security deposit total (being sure to add any accrued interest) and subtract the costs from the deposit. 

@Blake Hansen Just out of curiosity, when you say that you “received a contract” for a loan that you are making, does that mean the borrower drafted YOUR lending docs?

Second, I called the tenant and tactfully, but sternly, explained the repercussions of the fees accrued and that any unpaid balances would be compounded.