Ensure compliance with local laws, start with smaller loans to gain experience, monitor your investments regularly, and trust your instincts as you navigate this venture.I myself, as a PML.

I had/have no issue trying to resell the land just not sure how to promote land unbuildable especially with the expectations & price the buyer FIRMLY wants. 

Reporting is regular and sufficient.

But for $1.6m there are 3 or 4 deals right now on the market that will buy you 30 to 60 units and not require anything more then regular maintenance and upkeep.

My goal is to add verbiage within the lease that will decrease any tiffs between tenants for the common spaces and how to set expectations and promote group effort with cleaning the common areas/shoveling snow/personal dishes/shared fridge/laundry/having guests and so forth. 

IYes, we get our listings stolen regularly on facebook and have to report them

For example, I think when people look at rental rates in Spain they consider regular annual rentals and Airbnb-style rentals which are two ends of a spectrum and have their respective drawbacks (changing legislation, etc).

There are also facebook groups for various cities/states/communities where you can place and promote your listing.Happy to help answer any other specific questions!

It's a nice feeling not to have to wake up to go to a "regular" job!

Tom Cruz promotes that naive, inexperienced investors should buy Class D rentals and somehow rent them to S8 tenants. - Won't work unless you REALLY know a market and have the proper connections!