Caveat is that you should be reinvesting those profits back into other smart investments so that you aren't missing out on compounding gains. 

Repurposing citrus groves into SFHs is a smart move...turning underused land into vibrannt communities.

So if the LP's have enough cash they simply pay the loan off and own it free and clear.. but the size of the deals are so large raising cash to pay off debt simply is not realistic at all so if the property goes into default your junior position investors find themselves wiped out.Further more thats why a debt fund like Chris has can be a good choice for the very conservative investor..

But if I had a lot more liquid capital and had the choice, I would buy newer ones.

That's a terrible idea.He should either install a smart thermostat that allows him to set limits, or he should remove her from the property.

It's always a personal choice everyone has a different perspective.   

You are invested, you are investing, you have control, direction, a say, impact, choices.

Partnering with an experienced motel operator is a smart idea—it can help bridge the operational knowledge gap and mitigate risks.When evaluating motels, focus on metrics like occupancy rates, average daily rate (ADR), and revenue per available room (RevPAR).

None of us are as smart as we think we are when an investment goes right.Lastly, I'll borrow a thought from Morgan Housel - don't seek the investments with the best returns; seek the investments that will allow me to make an average return for the longest period of time.

Just make sure to research your local rental market and get comfortable estimating rehab costs.It’s a smart plan, and you’re off to a great start.