In practice, this could mean 5 extra days that no rent is collected.  

Income, expenses, and distributions are automated and visible to all investors, minimizing the risk of manipulation.This model isn’t for everyone, but it’s a way to give people passive exposure to real estate without the complexity of ownership, while allowing property owners to raise funds without giving up control.Would you see this working in practice?

Hi Joe,Using a Home Equity Line of Credit (HELOC) on your primary residence can be a practical and low-cost way to fund flips, especially since the terms you mentioned include only a $200 yearly fee.

Is this a predatory practice by PMs?

On paper returns, look excellent but when you put it into practice, you don't seem to get the same kinds of returns. 

I used my comment more as a generalization then practical application. 

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

However, many times its just not practical or cost effective to put the work into it because in many cases its not easy to do.

Starting with three T-12s from properties of a similar size and market is a fantastic strategy, and I’ll definitely take your suggestion of setting aside time to really dig into the details.Thank you for the encouragement and practical tips—it’s advice I’ll take to heart as I move forward.

Sad, as I am sure I would like the views and the area, but it makes perfect sense practically, financially, and legally.Just curious but what color is the sky in your world John?