@Ryan Irwin Hey Ryan, That’s an impressive project, turning a nuisance property into a double flip is no small feat!

I've still never owned a single family rental property or collected a rent check, but I hope that jumping into development will create opportunities for others to own their own homes and rentals that will serve families for generations.If you want to follow along for more of the journey let's connect.

Balancing everything you're doing is impressive.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Shoe collection and wardrobe that's way beyond what my budget affords. 

The rapid turnaround and performance of the assets during the previous funds seems quite impressive. 

Properly collecting these fees is a key part of financial success in real estate investment.And hey, why stop there?

@Steven Hamilton II I just want to say how impressed I am with your knowledge and professionalism.

Just a point of fact Class action suits are a pipe dream at this level in almost all circumstances. there has to be money to collect.  

I would invest in Sunrise Capital, but I didn't get the impression that they would accept $50K as an initial investment, which I always like to do to try out a new firm (for me) and to diversify geography and risk.