I'm weighted towards RE but I have been buying in the public markets recently (stocks, index funds, bonds, REITs, Master Limited Partnerships, Business Development Companies).

Mistakes and miscommunication cost people money.I did ask him to explain his transaction,  not an uncommon request, but he has failed to answer it."

If they fail to handle it, I will do it and charge them for my time.Another change I made was to add a no-deposit option to all my residential rentals.

Seems like a very strict penalty if this is not followed through.The CTA provides that willfully reporting or attempting to report false or fraudulent beneficial ownership, or willfully failing to report or make updates to the reported data shall be punished with a civil penalty of up to $500/day while the violation continues (up to $10,000) and a criminal penalty of up to two years in prison. 

its not the notes per se its the assets securing them.. this model has been tried many times and it fails most every time..

Noone knows everything, and everyone makes mistakes, but if we aren't always learning, we will always be failing to some extent.

It is NOT an event of default to fail to notify the lender in most cases.

I think this would be really insightful to other rookies who maybe have a fear of failing or are struggling right now.

Australia they are correct about the avg. percent but fail to mention how much higher property values are there.

A project with a 75% cost to ARV will still turn a profit.This thing goes wrong when the GC arm of the process fails, neglects, steals, becomes unresponsive, misappropriate funds, does a poor job.