But one doesn't expect the one who is MANAGING the money to: a)  not return our calls or textsb)  not return our emailsc)  fail to provide you with "accounting" on all of the assets with a basecamp account,  as the JV agreement saidd)  not make quarterly payments from the assets that reperforme)  not appear to be "working out" the assets at allf)  fail to return the principle and 12% interest after the year is up and the assets haven't soldg)  JV with ANOTHER party on the same asset(s) he JV'd with you on (which happened to me).This is not just "losing money" while investing. 

If you took the top 3 players to lunch or dinner quarterly, you'd spend a lot less yet gain a lot of knowledge.

I can get a great beach front house, one warm waters (Gulf Coast) with pool, 3K sqft, maid's quarters, in trendy area, very new high end finishes for about $2.7m USD.

You should be receiving some type of quarterly statement from the GPs of the deal showing how they are doing and what the NAV of your LP ownership is, including income you've received.

Quote from @Ethan Clay Lesperance: Quote from @Vlad Krokhmal: You mentioned things like adding a 2nd and 5th bathrooms as well as repairs on house 1 (did you do all of them yourself?)

Doubt things stay linear, but we need market suppression for at least 2 quarters and/or into non-peak times during RE--at minimum 2 quarters.

The drain pipes were fitted into the main clay pipe and concrete was poured around the edge of it to seal it.

We will remove Q3 2019 because for some reason the data on our MLS is missing some quarters of mobile home data from that year but $42,000 was the median sales price of Mobile homes sold, we hit a peak of $89,000 in Q3 2021 but have stabilized with higher rates and a real estate slow down to between 79,000-85,000 this most recent quarter.That is a 49% increase from Q4 2019 to Q3 2023, averaging it is almost 10% per year!

Some are monthly, some are quarterly.

No experience with the 2 you mentioned, but I'm a fan of paying the year so I don't forget next month/quarter and the coverage lapses.