Taylor kept insisting that we obtain and send a copy of these articles with the state seal directly on them.

Quote from @Gregory Schwartz: Quote from @Caleb Brown: Personally I would not feel comfortable with raising money unless I've done 5+ deals within that asset type.

What you can't do remote is get a sense for the neighborhood and asset quality.

Quote from @Ronald Rohde: I think it just benefits current owners. our replacement cost variability just went up a lot for the next 4 years. 100%.All cyclical asset classes are reverting to the mean, except the one's with a material short-- naturally. 

If your new debt fund needs assets to invest into, let me know -- we have them :)  @Beth Johnson: A few notes on your comment to this aged post thread to shed some additional light since you don't know much about us...Aloha Capital has funded over 3,000 loans since 2015 on nearly 1 billion of residential investment properties and to date has ~ 0.4% default rate.

@Ryan Daniel  I will preface this with the fact that I have a legal background, specifically with estate planning and asset protection in relation to real estate investments.

Wealth Destruction : Luxury properties contain luxury assets.

Going DIY and self-managing this type of asset from another state may not be an easy task for such a building and neighborhood, it needs more attention (and probably capital).Try an unconventional approach.

Some of the "package rate" groups start at $15k, but include the compliance reviews of marketing assets, too.  

Because there have been such significant gains in the markets this year (unless you are a bond investor😬) fund/asset managers and stock traders will likely do some portfolio rebalancing in January, selling winners, and locking in tremendous 2024 gains.